US Dollar

OPINION May 3, 2023

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, 2023

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, 2023

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, 2023

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, 2023

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, 2023

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, 2023

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.

US Dollar January 19, 2023

US dollar slides in value after rate hikes, while Japanese yen rises

The value of the U.S. dollar slipped Thursday as traders saw data showing the economy to be slowing. Meanwhile, the Japanese yen appreciated in value.

Russia September 6, 2022

Russians set up method to convert wire currency into Chinese yuan, sparking fears of alliance

Russian bank VTB announced that it set up a system to transfer money to yuan that bypasses the SWIFT messaging system and will allow for greater cooperation with China.

Media June 6, 2022

New York Times' Paul Krugman calls cryptocurrencies a 'scam'

NYT opinion columnist Paul Krugman called cryptocurrencies a 'scam' and compared it to the 2008 housing bubble in an op-ed Monday.

US July 10, 2019

Video shows drivers in Georgia stopping to grab $175,000 in 'flying' cash on highway

Video captured more than a dozen people getting out of their vehicles on Tuesday to grab money that was flying all over a Georgia interstate, police said.