US Dollar

OPINION August 21

China, Russia-led bloc wants to dethrone US dollar, upend world order

The China, Russia-led BRICS bloc aims to challenge the U.S. by creating an alternative currency to the dollar. The group, including Brazil, India, South Africa, to meet this week.

OPINION August 14

Mr. Monopoly would be a better Fed chairman

The initial Monopoly money supply when the game was first sold in 1935 was about $37 billion, almost exactly the same as the M2 money supply of $39 billion.

LIFESTYLE July 30

On this day in history, July 30, 1956, 'In God We Trust' is declared national motto

"In God We Trust" became the national motto of the U.S. on this day in history, July 30, 1956 — two years after President Eisenhower signed a bill inserting "under God" into the Pledge of Allegiance.

OPINION May 3

China's war on our dollar is really about ruling the world

China has been waging war on the U.S. dollar for years.

Brazil May 2

Brazil's Lula, Argentina's Fernández look to eschew US dollar as peso's value crumbles

Argentine President Alberto Fernández met with Brazilian President Luiz Inácio Lula da Silva on Tuesday to examine means of flouting U.S. dollar usage in international commerce.

Africa April 28

Zimbabwe to introduce gold-backed digital currency

Zimbabwe will launch a gold-backed digital "token" currency next month in a bid to stem the rapid and drastic devaluation of its dollar.

VIDEO April 8

US dollar being attacked from all sides: Jim Rickards

‘Currency Wars’ author Jim Rickards reacts to China and Malaysia reviving a proposal to reduce dependency on the US dollar as other countries look beyond the dollar for a new global currency.

Russia April 6

Ruble down to pre-conflict value against dollar

The ruble fell Thursday to a rate of 81.375 against the U.S. dollar, a 35% fall from its value in January just before Russia's invasion of Ukraine.

VIDEO April 5

This administration is no longer protecting the dollar: Peter St Onge

Heritage Foundation economist Peter St Onge explains what would happen to the U.S. if the dollar was no longer the world reserve currency on ‘Jesse Watters Primetime.’

US Dollar February 2

Dollar strengthens as oil prices stabilize

Oil prices settled at lower rates Thursday as the U.S. dollar also strengthened, making crude oil more expensive for buyers outside the country.