Could America lose the global currency race? Understand the historical dominance of the U.S. dollar, the emerging threats from geopolitical shifts and digital currencies, and the profound implications ...
The issue of the dollar is part of the debate over global capital flows, but capital flows are just the obverse of trade and current account flows. In recent weeks, some analysts have argued that, as ...
The currencies of the world can be separated into several categories based on their role in the global economy, the economies on which they are based and their value versus other currencies.
The dollar’s share in global foreign-exchange reserves slipped to its lowest level since the mid-1990s last year, giving fresh fuel to arguments that the greenback’s role as the top global currency is ...
Sign up for a summary of global news developments with CFR analysis delivered to your inbox every weekday morning. Subscribe to the Daily News Brief. Since the end of ...
Historically, businesses in most countries have not been able to sell bonds denominated in their home currencies to foreign investors. In recent decades this trend has been changing. Research shows ...
Following market forces, China again devalued the yuan, rocking world stock and currency markets for a second straight day. According to some analysts, the change could hurt U.S. companies that do a ...
Reporting from Beijing — Ten days before the International Monetary Fund designated the Chinese renminbi an elite currency alongside the dollar, pound, euro and yen, Chinese authorities uncovered an ...
How many credit cards do you have? If you’re like the average American, you carry four in your wallet. Chances are your credit cards are from different banks. But if you dumped out your wallet on the ...