The dollar's race to two-decade highs is leaving a trail of destruction in its wake, exacerbating inflation in other countries and tightening financial conditions just as the world economy confronts ...
Ironically, the RMB’s appeal in sanctions-sensitive trade may derive less from its independence from the dollar than from its ...
"Our currency, your problem," were the words of a former U.S. Treasury secretary in 1971 to other finance ministers aghast at the dollar's surge. More than 50 years on, relentless dollar strength is ...