The Latest Breaking News from US Dollar

US Treasury Secretary Janet Yellen has urged lawmakers to find common ground and raise the country's borrowing limit. Speaking to ABC News, she also warned that the idea of invoking the 14th amendment to raise the debt ceiling could lead to a "constitutional crisis". Also, the Financial Times reports that…

Winter is an important season for South African agriculture, with some of its key field crops being produced during the cold months of June, July and August, and maturing after that, with harvesting in December. Preparation of the land for winter crops begins in April, which is also the same…

For decades, the US dollar has been king on the global stage. But more and more countries are looking to reduce their dependence on the American currency, saying they want to "de-dollarize" their economies. How realistic are their plans, and how would they work? Kate Moody talks to Ruchir Sharma,…

The long reign of the US dollar as the world’s reserve currency may be drawing to a close as non-Western and emerging economies look for alternatives to the greenback.

For the past 90+ years, the US Dollar has been the reserve currency of the world. Yet in recent years, that dominance has been shrinking. Speculation has been surging that there is a new challenger on the horizon to ultimately unseat the Greenback. What will it be?

The Syrian pound recorded a new decline in the black market in regime-controlled areas, exceeding 8,000 against the US dollar, despite the increase in foreign remittances received during the holy fasting month of Ramadan and Eid al-Fitr. Economists explained that the decline continued with the ongoing economic crisis and the…

The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.

The writing was on the wall. But when Brazil's left-wing president Luiz Inacio "Lula" da Silva visited China recently, he flamboyantly underscored economic and security ties between Latin America's largest democracy and the world's largest dictatorship. Significantly he took steps to decouple much of Brazil's vibrant commerce from using the…

A lower US dollar is not only likely, it’s already happening – the US dollar index has depreciated 10 per cent in five months.

The two countries have recently announced a deal to trade in their own currencies, dropping the dollar as an intermediary.

The pound strengthened as data showed US economy cooling, before Fed policymaker vowed to press on with interest rate rises