That won’t be an easy task, given that Uruguay ranks as the most dollarized Latin American nation. However, the fact that the ...

There's been a de-dollarization storm brewing lately in the international finance arena. What is it? De-dollarization is the process of reducing the dominance of the US dollar in global trade and ...

De-dollarization is nothing but a myth — and it could backfire on countries like Russia and China. That's according to Jeffrey Christian, a commodities expert who thinks dollar dominance isn't going ...

At first glance, the arguments in favor of de-dollarization appear persuasive. The share of the U.S. dollar in global foreign exchange reserves has ...

A mutiny is taking place in the global currency market, with a growing number of countries ditching the U.S. dollar in favor of China’s yuan — at least, that’s the rumor going around. De-dollarization ...

The U.S. dollar has long enjoyed its status as the world's premier reserve currency, though recent trade policies have sparked discussions about its future dominance. The dollar's strength and its ...

Global central banks have been buying record amounts of gold as they seek to diversify reserves away from the dollar. "We expect central banks to continue their role as net purchasers of gold," ...

Concerned about America’s dominance over the global financial system and the country’s ability to ‘weaponize’ it, other nations have been testing alternatives. The dollar has been growing as a global ...

Russian Finance Minister Anton Siluanov said earlier that Russia will completely abandon the US dollar and will reduce the pound sterling share in the National Wealth Fund’s structure ST. PETERSBURG, ...

Argentine President Javier Milei blamed politics for being unable to fulfill his campaign promise of dollarizing the country's economy, suggesting that such a move could have led to his impeachment.

Journal Editorial Report: The week’s best and worst from Kim Strassel, Allysia Finley and Dan Henninger. Images: AP/Zuma Press Composite: Mark Kelly The most notable part of Javier Milei’s victory ...

The U.S. dollar is widely accepted around the globe. In fact, these particular countries use the dollar as their official currency.