Longtime dollarization foe Rafael Correa spent a decade attempting to dismantle Ecuador’s dollarized system. It survived him...
Currency
Jean Lu says the yuan cannot challenge dollar reserve dominance soon, though China’s currency is gaining ground...
If dollar dominance weakens, small, well-governed currencies may gain global appeal.
Saudi Arabia's central bank dropped out of China's mBridge digital payment platform last year.
"Taming inflation is the key to restoring stability in Venezuela, and all the other progress flows from...
The dollar cratered from a 40-year high after the rarest kind of market move: a joint intervention,...
The Japanese currency swung from a small decline to gain as much as 1.4% versus the dollar...
The degree of coordination between the two countries now appears to be the tightest in decades, which...
"It's the exact same pattern," LPL Financial's Adam Turnquist told Fortune. "Last week, I started refreshing data...
"There’ll come a point when markets will just ignore intervention."