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3232China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says
https://www.digit.info/china-ready-to-talk-asian-monetary-fund-to-cut-dollar-dependence-malaysia-says/
Wed, 05 Apr 2023 14:00:23 +0000https://www.digit.info/2023/04/05/china-ready-to-talk-asian-monetary-fund-to-cut-dollar-dependence-malaysia-says/Read more]]>An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar, to remain dependent on the greenback. Malaysia Prepares to Trade With China in […]
]]>Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future
https://www.digit.info/russia-considers-partially-replacing-dollar-reserves-with-digital-assets-in-future/
Wed, 20 Oct 2021 13:30:08 +0000https://www.digit.info/2021/10/20/russia-considers-partially-replacing-dollar-reserves-with-digital-assets-in-future/Read more]]>Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even digital assets in the future. Foreign Ministry Official Sees Russia Acquiring […]