China News Daily TheBitTimes.com

The US dollar is now a crucial part of the evolving multipolar currency world. Changing geodynamics, confrontations, and tariff wars have slowly been pushing the US dollar to stand still. The world is now witnessing a new financial pathway being created, the one where the US dollar has contenders, able ones on top of it, that are ready to challenge its supremacy. In such dramatically changing times, investors are also expected to adapt to such changes, changing their portfolio strategies to something that allows them to retain their gains, despite the pressure that surrounds the US dollar at present. Here are two critical elements that the investors of today’s financial realm must know to safeguard their current interests. Also Read: De-Dollarization Sparks Rally in Two Key Assets: Time to Buy? New Changes In Global Finance Investors Must Be Aware Of 1. Acknowledgment of the Rising Currency Volatility Source: Allan E. Chebin’s Newsletter on LinkedIn The rising geopolitical t...

The US dollar is currently undergoing a downward spiral. The American currency is down 11% in the last year, rattled badly by Trump’s imposing stance on tariffs, battering the global economy. With raging trade war fears gaining momentum again, a new statement by Russian Minister of Foreign Affairs Sergey Lavrov has added new fuel to the de-dollarization drive. Russia, in the latest BRICS summit, has declared the US dollar “untrustworthy,” claiming that rising US debt is driving the dollar off the charts. Also Read: BlackRock Says Surging US Debt Could Fuel De-Dollarization Russia Indirectly Calls US Dollar Unfit and Unwell: What’s Happening Source: Watcher Guru In the latest BRICS summit hosted in Brazil, Russia’s Sergey Lavrov had dropped another statement, leading fears of de-dollarization to catch fire once again. In his latest opinion, Lavrov has deemed the US dollar untrustworthy. Lavrov stated that escalating US debt tensions are now affecting the American currency. He...