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Increasing use of the ringgit in trade

ABOUT RM58bil of Malaysia’s trade with three trading partners is transacted in ringgit, says Datuk Seri Anwar Ibrahim. ....

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RM58bil trade done in ringgit, says Anwar

KUALA LUMPUR: About RM58bil of Malaysia’s trade with three trading partners is transacted in ringgit, said Datuk Seri Anwar Ibrahim. ....

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Indonesia launches de-dollarisation task force

Regulatory incentives could be on the way for commercial banks to help develop their local currency trading and settlement infrastructure. ....

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China Getting Rid of Treasuries, Citing Looming Recession & Political Instability in US

China dropping US Treasury bonds is a long-term strategy prompted by uncertainty surrounding the US’ economic prospects, monetary policies, and political instability, per the Chinese press. ....

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Building Brics: Kenya and the new world order

At the Brics Summit in South Africa, members made calls for changes to the World Bank and the International Monetary Fund. ....

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