These countries have been discussing ways to use their own currencies instead ... There is no chance that Brics will replace the US dollar in international trade or anywhere else, and any country ...

(Bloomberg) -- The dollar’s prowess in global trade climbed in January, accounting for just over half of all the international foreign-exchange traffic sent via the financial messaging service ...

Ecuador and Zimbabwe both switched to the US dollar after financial crises made their local currencies worthless. Other countries, such as Panama, Cambodia, and the Bahamas, use the US dollar ...

A 2024 paper by Morgan Stanley’s head of Digital Asset Markets, Andrew Peel, suggested that the rise of digital currencies ...

A global battle over cash will decide who rules the world economy The US dollar isn't just for Americans ... Today, nearly 60% of international reserves are held in dollar-denominated assets ...

From Colombia to Vietnam and beyond, the US dollar is the currency in which much of international business is conducted, and which many people outside the US use as a means of exchange and a store ...

We document a decline in the dollar share of international reserves since the turn of the century. This decline reflects active portfolio diversification by central bank reserve managers; it is not a ...