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Talks held with US officials over potential currency swap line

UAE mulls shifting to Chinese yuan from US dollar for oil payments as Iran...

PGurus Newsdesk - April 20, 2026 0

Move could challenge dollar dominance in global energy trade The United Arab Emirates is exploring options to safeguard its economy amid escalating tensions with Iran,...

Much of the media has been asleep, though, with little discussion about the fate of fiat currencies in the years ahead

Will 2025 witness the onset of the US Dollar crisis?

Shanmuganathan Nagasundaram - January 13, 2025 1

The US National Debt: A $36.4 trillion crisis Let us start with the elephant in the room—the US National Debt. The US has many other...

Trump's remarks come after the BRICS nations—Brazil, Russia, India, China, South Africa, and recently expanded to include Egypt, Iran, and the UAE—held a summit in Russia's Kazan in October

Trump threatens 100% tariff on the BRICS – Brazil, Russia, India, China, South Africa...

Team PGurus - December 1, 2024 1

Is BRICS in trouble? Trump drops 100% tariff bombshell US President-elect Donald Trump on Saturday threatened 100 percent tariffs against a bloc of nine nations...

Rupee has shown strength at the beginning of 2024, aided by positive participation in the capital markets and RBI interventions

Rupee edges up against US dollar for the seventh consecutive day

PGurus Newsdesk - January 11, 2024 0

Rupee gains 2 paise to 83.01 against US dollar On Thursday, the rupee edged up by 2 paise vis-a-vis the US dollar to close at...

The US currency, the dollar or the greenback is the medium in which most global trade is conducted among nations around the world

BRICS expansion could end US dollar dominance in oil trade: US financial experts warn...

PGurus Newsdesk - October 15, 2023 1

Petrodollar era to end? With the BRICS emerging as a major trading bloc with its expansion of six more countries, including Saudi Arabia, since the...

After the Russia-China Oil deal during the Winter Olympics to get paid in Euros, comes the announcement that the Kingdom of Saudi Arabia might accept part payment for its oil in Yuan from China. Is the sheen of the mighty US Dollar going, one country at a time?

The Mighty US Dollar Losing Its Sheen One Country at A Time

Sahil Mishra - March 16, 2022 0

After the Russia-China Oil deal during the Winter Olympics to get paid in Euros, comes the announcement that the Kingdom of Saudi Arabia might...

Buy Gold and promote Digital currency for transparency - China is using these two tactics to dislodge the US Dollar. What about India? How should it react? Important pointers.

Prof M D Nalapat on China’s secret plan to unseat the US Dollar

Sahil Mishra - April 1, 2020 1

Read Prof M D Nalapat article at - India Dream calls for ReMo 2020 under PM Modi

US dollar falls on weak economic data

Author - October 15, 2015 0

PerformanceGurus Staff New York, Oct 15 The US dollar decreased against other major currencies on Wednesday as soft economic data from the country dampened...

Gold and silver tumble as trade optimism lifts dollar

Gold and silver prices plunge as US-China trade optimism, strong dollar weigh on bullion

PGurus Newsdesk - October 27, 2025 2

Gold extends losses, silver falls as safe-haven demand eases globally Gold and silver prices tumbled sharply in the futures market on Monday, mirroring a global...

De-dollarization poses uneven risks across the US—while the nation faces higher borrowing costs and reduced global leverage, Houston’s energy sector confronts direct disruptions in oil pricing, trade, and financial operations

Houston, the petrodollar, and de-dollarization: A clear analysis

Team PGurus - October 10, 2025 0

Understanding the petrodollar system The term “petrodollar” refers to US dollars earned by oil-exporting nations through the sale of oil. The petrodollar system is not...