Yuan, Euro Rout Points to Losses for Emerging-Market Currencies
Breadcrumb Trail LinksPMN BusinessLosses in the Chinese yuan and the euro have picked up in recent months, and that is worsening the outlook for emerging-market…
Pound on track to be one of the best-performing currencies in 2024
The GBP/USD currency pair hit a two and a half year high of $1.32 earlier this year on 27 August, with analysts expecting the strong…
Is the US Dollar Losing its Grip? The Rise of Alternative Reserve Currencies
Authors: Meherab Hossain and Md. Obaidullah For decades, the US dollar has enjoyed unparalleled dominance as the world’s reserve currency, underpinning global trade and finance.…
Pound Is Beating 92% of Global Currencies on UK Economic Rebound
Breadcrumb Trail LinksPMN BusinessThe British pound is beating more than 90% of the world’s currencies this year on signs the nation’s economy is holding up…
BRICS eyes settlements in national currencies
Most countries at a meeting of BRICS finance ministers and central bank governors supported the departure from the dollar, agreeing that settlements in national currencies…
BRICS bank to release bonds in local currencies
BRICS, a bloc of leading emerging markets, is preparing to launch new bonds in global markets, which will be available in local currencies rather than…