The US is considering promoting global dollar adoption to counter China’s growing influence in the currency market.

Forbes contributors publish independent expert analyses and insights. I cover globalization and international economic policy. Robert Lighthizer, a former U.S. trade negotiator and a potential ...

The exchange rate for the US dollar compared to the Iraqi dinar declined on Tuesday in the Iraqi capital, Baghdad, and in ...

WASHINGTON (Reuters) -No major U.S. trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday in the Biden administration's final semi-annual currency ...

The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. Central to ...

The U.S. Treasury on Tuesday said Thailand and Malaysia have agreed to regularly disclose any interventions in the foreign ...

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

The exchange rate for the US dollar compared to the Iraqi dinar slightly declined on Wednesday in Baghdad and rose in Erbil.

The US, meanwhile, faces exposure to potential losses on its currency purchases and risks being left on the hook providing a ...