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US Dollar news

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The return of the US dollar
The US dollar is on the move. In the last four months alone, it has soared by more than 7% compared with a basket of more than a dozen global currencies, and by even more against the euro and the Japanese yen.
The Risks of Betting on the Rising US Dollar  Wall Street Journal
MarketsUS dollar strength pushes Asian currencies lower  Financial Times
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3 Implications of a Stronger U.S. Dollar
Some recent developments in global markets could be temporary, but there is a widespread consensus that a stronger U.S. dollar is here to stay. Emerging market (EM) economies have traditionally had much to fear from a rising greenback, while for ...
China hoarding gold to challenge US dollar?
In a world filled with fiat currencies, how important is gold's role in the financial system? Proponents often view the precious metal as a hedge against economic chaos, while critics typically claim gold is hardly more than an unproductive rock ...
Gold Rebounds on Short Covering and Bargain Hunting, Weaker U.S. Dollar  Forbes
PRECIOUS-Gold slips for second day; US dollar, data in focus  Reuters
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Could International Support For The U.S. Dollar Be Waning?
The primary reason why the U.S. dollar is the reserve currency is that it is the dominant currency in the oil trade. This dominance provides a source of artificial strength in the dollar as it increases demand for U.S. dollars and U.S. Treasury securities.
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CBN Announces Naira Devaluation | Exchange Rate is N168 to One US Dollar
Emefiele explained that under the new arrangement, the Naira would now exchange for N168 instead of the old official rate of N155 to one U.S. dollar. He said the meeting also decided to increase the Monetary Policy Rate (MPR) by 100 basis point from 12 ...
Nigeria devalues naira by 8 pct to protect forex reserves during oil slump  Reuters
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An artist totally reimagined what US dollar bills should look like
"The end goal was not as much to create a functional replacement for the U.S. dollar as to create a discussion about contemporary monetary value," Purrington said.
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What Would a Redesigned U.S. Dollar Look Like?
Purrington first researched the historical evolution of the U.S. dollar, concluding that the tradition of experimentation and exploration within U.S.
travis purrington proposes radical redesign of US dollars  Designboom
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The Flaws in the Dollar Indices
The flawed data series is the trade-weighted U.S. dollar index, which is maintained by the St. Louis Fed. It is shown below.
Russian Ruble Strengthens Against US Dollar at Market Opening
At 0820 GMT, the ruble was 0.6 percent stronger against the dollar at 45.27 and 0.5 percent stronger at 56.22 versus the euro.
Further oil price falls may have little impact on Aussie dollar  Sydney Morning Herald
Russia Won't Cut Oil Production to Support Prices  Wall Street Journal
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Reliance Communications to raise funds by issuing US dollar-denominated debt ...
"Yields on dollar-denominated debt notes listed in an overseas exchange could potentially be a tad more than on the loans being refinanced, which could marginally increase RCom's borrowing cost," said an analyst at a foreign brokerage.
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