dominance of dollar

Exclusive: Russian banker Kostin says the end of US dollar dominance is nigh

The end of the dominance of the US dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West's failed attempt to bring Russia to its knees over Ukraine, one of Moscow's most powerful bankers told Reuters.

A reality check for the renminbi

It seems that the internationalisation of the renminbi is well underway.

India's oil deals with Russia dent decades-old dollar dominance

US-led international sanctions on Russia have begun to erode the dollar's decades-old dominance of international oil trade as most deals with India - Russia's top outlet for seaborne crude - have been settled in other currencies.

June 10, 2023
June 10, 2023

Exclusive: Russian banker Kostin says the end of US dollar dominance is nigh

The end of the dominance of the US dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West's failed attempt to bring Russia to its knees over Ukraine, one of Moscow's most powerful bankers told Reuters.

April 7, 2023
April 7, 2023

A reality check for the renminbi

It seems that the internationalisation of the renminbi is well underway.

March 8, 2023
March 8, 2023

India's oil deals with Russia dent decades-old dollar dominance

US-led international sanctions on Russia have begun to erode the dollar's decades-old dominance of international oil trade as most deals with India - Russia's top outlet for seaborne crude - have been settled in other currencies.

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