The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.

A world currency does not exist. However, reserve currencies are used by central banks, corporations, and governments for international transactions. Since World War II, the dominant global ...

Currency shapes everything from daily transactions to global trade, yet most people rarely think about why we have different currencies in the first place. The idea of a world currency surfaces ...

Income inequality and social decay. Printing the world's reserve currency may permit Americans the exorbitant privilege of consuming more than they produce, but the industries mostly based on the ...

Investors also trade in international currencies to try to make a profit on their fluctuations in response to economic trends and world events. Banks and governments prefer to hold currency ...

Here’s a look at the strongest currencies in the world. Various factors impact a currency’s strength. Many of these factors are interrelated, but they all largely point to two key areas ...

Expectations are high for the dollar to lose its leading reserve currency status in the next five to 15 years. For decades, the U.S. dollar has enjoyed a unique status as the world's dominant ...

When it comes to the world’s most advanced currency, you might assume that it’s the Euro, British pound or even the US dollar, but surprisingly it’s not. According to the United Nations ...