Argentine inflation is running at over 140 percent; it is in default and unable to repay its external creditors; and the economy is set to enter a steep recession.

De-dollarization is the process of reducing the dominance of the US dollar in global trade and financing activities. Recent data shows that other currencies are gaining ground, and the US dollar ...

He also has sparked a global debate about inflation, economic reform and dollarization—and, even more unusual, an interesting debate about these things. It’s a Thanksgiving-week miracle.

Although the greenback should maintain its long-term dominance in the foreseeable future, the global economy is seeing signs of de-dollarization, strategists at JPMorgan said according to a report ...

De-Dollarization Is a Myth (Mohamed Abd El Ghany/Reuters) Share Comments Listen. By Dan Katz. About Dan Katz & Jon Hartley. About Jon Hartley; June 30, 2023 6:30 AM.

On November 19, libertarian firebrand and political outsider Javier Milei won Argentina’s presidential runoff election. His victory comes amid a grave economic crisis.Inflation has risen above 140 ...

Official dollarization addresses the inflation, while fiscal reform that increases tax revenues and reduces spending addresses Argentina’s growing debt.

De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade. Countries like Russia, India, China, Brazil and Malaysia, among others ...

Phnom Penh should use its stock exchange opening later this year as an opportunity to formally adopt the U.S. dollar, argues the Wall Street Journal in an editorial.