The greenback is ‘losing some influence’ in the oil markets — and it means a partial de-dollarization is likely, says JPMorgan
A larger volume of oil is now being transacted in non-dollar currencies such as the Chinese yuan, JPMorgan said in…
Taking dollarization to the next level: Here’s a look at countries using the greenback as local currency
Andrew Jackson portrait on $20 bill. Elizabeth Fernandez/Getty Images Argentina's presidential election may determine if the country adopts the dollar…
Treasury Secretary Janet Yellen says to expect a gradual decline in the dollar’s share of global reserves, but greenback remains dominant
Treasury Secretary Janet Yellen attends the House Financial Services Committee hearing in Washington on September 30, 2021. Al Drago/Pool/Reuters Treasury…
Forget de-dollarization – Argentina may adopt the greenback as its currency and abandon the peso
Detail as a worker separates the 500 Argentine peso notes before being sent to the final counting machine and quality…
Argentina will pay for Chinese imports in yuan instead of dollars to preserve its shrinking greenback reserves
Argentina will pay for its Chinese imports in yuan instead of dollars to protect its greenback reserves. Reuters/Petar Kujundzic Argentina…