Argentina plans to repay some yuan borrowings from Chinese currency swap using IMF bailout money
Headquarters of the PBOC, the central bank, is pictured in Beijing Reuters Argentina secured $7.5 billion from the International Monetary…
Russians aren’t the only victims of the ruble’s implosion — the weak currency is also hitting migrant Central Asians who repatriate the cash
Central Asian economies are getting hurt by the weak Russian ruble too. Mahmut Serdar Alakus/Anadolu Agency/Getty Images The weak Russian…
Expansion and a common currency on agenda at BRICS summit
Leaders of some of the developing world's most important economies turned Wednesday to the main business of their summit in…
BRICS summit: Leaders eye expansion, common currency
The leaders of the five-country grouping are meeting to plot BRICS’ future course and how it could boost its global…
Forget the dollar, Argentina should adopt the euro as its currency, Nobel economist Paul Krugman says
Nora Mazzini Argentina should adopt the euro, not the dollar, in order to tackle hyperinflation, Nobel economist Paul Krugman said.…
Russia’s ruble spikes as Putin and officials mull ways to prop up the currency after it dropped below a penny this week
Russian President Vladimir Putin (L) and Chief of the Russian General Staff Valery Gerasimov (R) attend an expanded meeting of…
A trifecta of inflation, rising interest rates, and currency depreciation shrank global wealth last year for the first time since 2008
U.S. dollar notes are seen in this picture illustration Reuters Global wealth shrank last year for the first time since…
The idea of a BRICS common currency is almost ’embarrassing’, says the economist who named the group
CFOTO/Future Publishing via Getty Images The economist who coined the term 'BRICS' believes the bloc's plans to create a common…
Warren Buffett isn’t worried about the dollar’s dominance. He predicted it would still be the world’s reserve currency in 2065.
Warren Buffett AP Images Warren Buffett isn't at all concerned about de-dollarization, based on his comments in recent years. The…
The BRICS summit ended with no new currency and all 5 members issuing differing and contradictory commentary on de-dollarization
The BRICS summit wrapped up last Thursday with six new members but not a new currency. Gianluigi Guercia/Reuters De-dollarization was…