Tag: USD
USD Reserve Status Threatened by Government Spending
Amid the ongoing BRICS de-dollarization efforts, the US dollar’s (USD) global reserve status is threatened by government spending. Indeed, a well-respected voice in the...
USD Reserve Status Declining Amid Poor Performance
As the BRICS economic alliance has continued its commitment to de-dollarization, the US dollar’s (USD) reserve status has continued to decline amid its poor...
Zimbabwe is Latest Country to Ditch USD in Growing Trend
As the BRICS economic alliance has continued its de-dollarization efforts, Zimbabwe has been the latest country to ditch the US dollar (USD). Following Iraq’s...
India & UAE Looking For More Ways to Ditch USD
Following a landmark oil deal between the two BRICS nations settled in local currencies, both India and the United Arab Emirates (UAE) are now...
Experts Say Expansion Will Eliminate USD From Oil Trade
Amid the alliance’s ongoing de-dollarization efforts, experts have stated that the BRICS expansion could be the final step in eliminating the US dollar (USD)...