'The Answer Isn't to Shake Faith in the Dollar'
5 Articles
5 Articles
'The answer isn't to shake faith in the dollar'
'Mismanagement is putting dollar's global standing in jeopardy'Bloomberg editorial boardThe White House has "raised a fundamental question about the international monetary system: Does the dominance of the dollar impose an unfair burden on America?" says the Bloomberg editorial board. The "short answer is no," as the dollar's "centrality gives the U.S. big advantages — and they'll be sorely missed if that standing is eroded." At the "same time, …
Do the upheavals in our southern neighbours sound like the end of this currency as a global reference?
Global Investors should reduce US dollar holdings amid new market conditions: UBS - ChiniMandi
New Delhi [India] : The global investors holding too much cash in US dollars may face increasing risks, and it might be the right time to consider shifting some of that money into other currencies or assets, according to a report by UBS. The report stated that the US dollar had been a popular choice in the past few years due to strong US economic growth, high interest rates, and strong performance of US stock markets. However, things are changin…
This innovation of Toyota responds, according to a statement of the company, to the “stabilization of the macroeconomic variables” and to the intention to “expand the options for its different types of customers.” In addition to allowing direct payment in the US currency, the Japanese automaker reported that she is actively working on an alternative financing that will also be in dollars. The specific details and characteristics of this new cred…
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