Tag Archives: Bank for International Settlements – BIS

In 2022, the US Dollar Maintains Its Dominance, While China’s Yuan Gains Share of Global Currency Reserves

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In 2022, the Us Dollar Maintains Its Dominance, While China’s Yuan Gains Share of Global Currency Reserves

According to new data released Thursday by the International Monetary Fund, the US dollar has maintained its dominance as the world’s most widely held reserve currency. The dollar’s share of total allocated reserves was 59 percent in the first quarter of 2022, unchanged from the fourth quarter and slightly lower… Continue reading →

Inflation Is Now Out of Control

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Inflation Is Now Out of Control

Eroding wealth is affecting many people in a variety of ways, including rising inflation on goods and services, plummeting equity markets, and falling housing prices, to name a few. Governments and central banks, however, deny responsibility for the economic climate they have created, blaming Putin for higher food and energy… Continue reading →