The Latest Breaking News from US Dollar

Binance.US prepares to suspend US dollar deposits and withdrawals from exchange

Company tells customers to withdraw their US dollars days after US regulators sued the company and its founder

The Guardian - UK · Jun 9, 2023

The US Dollar is Ready to Flex its Muscle, Again

The United States dollar is the world's most dominant reserve currency, accounting for over 60% of all foreign exchange reserves held by central banks around the globe. The King of currencies has a seasonal buy that may advance it to higher levels.

Barchart · Jun 9, 2023

Irish actor tells how he was scammed into 'performing simulated sex acts' by 'Con Queen of Hollywood'

Dubliner Eoin O'Brien, 45, said he was left 15,000 dollars (€14,000) out of pocket by the alleged mastermind of a 1.0 million US dollar (€930,000) scam against more than 300 victims between 2013 and 2020.

Irish Mirror · Jun 8, 2023

Farmers in South Africa face power cuts and a weak rand - but a number of factors are working in their favour too

Winter is an important season for South African agriculture, with some of its key field crops being produced during the cold months of June, July and August, and maturing after that, with harvesting in December. Preparation of the land for winter crops begins in April, which is also the same…

The Conversation · May 8, 2023

Dollar divorce: Emerging markets seek alternatives to US currency

For decades, the US dollar has been king on the global stage. But more and more countries are looking to reduce their dependence on the American currency, saying they want to "de-dollarize" their economies. How realistic are their plans, and how would they work? Kate Moody talks to Ruchir Sharma,…

France 24 · May 4, 2023

De-dollarisation: why are countries looking to ditch US currency?

The long reign of the US dollar as the world’s reserve currency may be drawing to a close as non-Western and emerging economies look for alternatives to the greenback.

The Week · May 2, 2023

What Could Replace the US Dollar as World Reserve Currency?

For the past 90+ years, the US Dollar has been the reserve currency of the world. Yet in recent years, that dominance has been shrinking. Speculation has been surging that there is a new challenger on the horizon to ultimately unseat the Greenback. What will it be?

Barchart · Apr 28, 2023

Syrian Pound Sets New Low, Gov. Unable to Find Solution

The Syrian pound recorded a new decline in the black market in regime-controlled areas, exceeding 8,000 against the US dollar, despite the increase in foreign remittances received during the holy fasting month of Ramadan and Eid al-Fitr. Economists explained that the decline continued with the ongoing economic crisis and the…

Asharq Al-Awsat · Apr 28, 2023

Banks eye yuan-baht trade payments

The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.

Bangkok Post · Apr 26, 2023

Brazil's Lula throws Brics at the US dollar

The writing was on the wall. But when Brazil's left-wing president Luiz Inacio "Lula" da Silva visited China recently, he flamboyantly underscored economic and security ties between Latin America's largest democracy and the world's largest dictatorship. Significantly he took steps to decouple much of Brazil's vibrant commerce from using the…

Bangkok Post · Apr 21, 2023