Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions for China’s currency as Beijing seeks to play a greater role in the ...

Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...

Could America lose the global currency race? Understand the historical dominance of the U.S. dollar, the emerging threats from geopolitical shifts and digital currencies, and the profound implications ...

The dollar’s share in global foreign-exchange reserves slipped to its lowest level since the mid-1990s last year, giving fresh fuel to arguments that the greenback’s role as the top global currency is ...

The currencies of the world can be separated into several categories based on their role in the global economy, the economies on which they are based and their value versus other currencies.

The U.S. dollar's share of global currency reserves reported to the International Monetary Fund nudged lower to 57.7% in the first quarter of 2025 while the share of euro-denominated reserves gained, ...

How many credit cards do you have? If you’re like the average American, you carry four in your wallet. Chances are your credit cards are from different banks. But if you dumped out your wallet on the ...

In a world constantly evolving with digital advancements and environmental consciousness, the concept of currency is undergoing a remarkable transformation. This paradigm shift has been vividly ...

Historically, businesses in most countries have not been able to sell bonds denominated in their home currencies to foreign investors. In recent decades this trend has been changing. Research shows ...

Reporting from Beijing — Ten days before the International Monetary Fund designated the Chinese renminbi an elite currency alongside the dollar, pound, euro and yen, Chinese authorities uncovered an ...