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Sunday, September 28, 2025
TopicDollar trade

Topic: Dollar trade

Why are African countries, others pushing for ‘de-dollarisation’ — trade in currency other than the USD

USD has been the world’s reserve currency for over 75 years, but many nations are now seeking to trade in local currencies to reduce costs, avoid sanctions & reshape global financial system.

A BRICS currency can weaken US hold over emerging economies. India needs to decide its role

Before de-dollarisation of BRICS can occur, India must secure a place in IMF's basket of world currencies, where Chinese Renminbi is already included.

India using SWIFT global payment system to settle Russia dollar trade: trade official

The West blocked access to SWIFT for several Russian banks, including Sberbank and VTB, soon after Moscow invaded Ukraine in February last year to target Russian trade.

On Camera

Ultraviolette is small in sales, big in ambition. Tech sets this electric motorcycle apart

Within 48 hours of bookings opening for Ultraviolette’s X-47 Crossover, reservations had crossed the 3,000 mark. Nothing quite explains the hype around Ultraviolette.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

With MiG-21’s exit, India’s squadron strength hits 6-decade low. What are IAF’s plans for the Tejas

While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.