A revived speech and a shifting global backdrop. Beijing is signalling new urgency in its push to elevate the yuan - but the ...

Foreign governments hold reserve currency in their central banks to help reduce the risk of exchange rate fluctuations. A reserve currency is also used to price commodities that all economies need, ...

The rise of China as an economic powerhouse in global trade in recent decades has sparked concerns about the long-term status of the U.S. dollar as the world’s primary reserve currency, which it has ...

The US dollar's status as a safe-haven currency is questioned at a business gathering in New York.

What changes when China’s leader finally states a reserve currency ambition explicitly? Xi Jinping has now done so, calling ...

As the West reacts to the revelations in the latest batch of Epstein files, China has plans for the renminbi to become a ...

Whether you want a strong U.S. dollar or a weaker U.S. dollar depends on where you stand. If you run a company that sells overseas, a weaker dollar helps you, because it makes your products cheaper ...

The dollar is the global reserve currency. This has long been called the “exorbitant privilege”. It’s considered a huge advantage for the U.S. that the dollar holds this status – or so the story goes.

Another influential left-wing news organization opined this week that the United States dollar is losing its global reserve currency status. The piece argued that the European Monetary Union will ...

This symposium “asked a broad range of experts to highlight a shocking development that could unexpectedly materialize by 2035 … an outside-the-box speculation on matters that today seem improbable, ...