-
Who Benefits From A Global Dollar?
•
By Andrés Velasco U.S. President Donald Trump believes that America should be primarily for Americans. In contrast, the U.S. dollar is available for global use. If the BRICS group of emerging economies decides to introduce a new currency, Trump would have tweeted , or “support any other currency as a replacement for the powerful…
-
Who benefits from a global dollar?
•
By Andrés Velasco U.S. President Donald Trump believes that America should be primarily for Americans. In contrast, the U.S. dollar is available for global use. If the BRICS group of emerging economies decides to introduce a new currency, Trump would have tweeted , or “support any other currency as a replacement for the powerful…
-
Who Gains from a Global Dollar?
•
By Andrés Velasco US President Donald Trump thinks America is only for Americans. The US dollar, by contrast, is for everyone. Should the BRICS grouping of emerging economies create a new currency, Trump has tweeted , or “back any other currency to replace the mighty US dollar,” they will face 100% tariffs. The chairman…
-
Central Bank Launches Gold Accumulation Drive for Foreign Exchange Reserves
•
Recently, the Bank of Namibia declared its choice to start accumulating gold as a component of managing its foreign exchange reserves. The decision to incorporate gold, aiming for about 3% of total foreign exchange reserves, mirrors international practices among central banks. This choice underscores the strategic importance of gold as an asset that helps…