Efforts to reduce dependence on the US dollar are steadily expanding, as more countries diversify trade settlements and foreign-exchange reserves to manage geopolitical and financial risks. Known as de-dollarisation, the trend reflects a gradual shift rather than a sudden move away from the dollar.
Read More De-Dollarisation Advances as Countries Diversify Away From US Currency
In a development that is sending shockwaves through global financial and political circles, major European pension funds have begun selling off US Treasury bonds—despite explicit warnings from former US President Donald Trump—marking a rare and highly symbolic break from decades of financial convention.
Read More Europe Joins De-Dollarisation, Sells US Treasuries
In a development that underscores the accelerating transformation of the global financial system, Russia’s VTB Bank has confirmed that nearly 100% of the country’s trade with India and China is now being settled in national currencies rather than the US dollar. The move represents one of the clearest signals yet of the growing push toward de-dollarisation, a trend that has gained momentum amid geopolitical tensions and Western sanctions.
Read More Russia’s Trade With India and China Goes Nearly Dollar-Free, Marking a Shift in Global Finance
