Compare barter and currency systems. Discover why currency dominates modern trade and explore the evolution of digital ...

Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about ...

According to a 2025 report by the People's Bank of China, the RMB is now the world's third most-used currency for trade ...

After decades of increasing global economic integration, the world is facing a growing risk of geoeconomic fragmentation, with potentially far-reaching implications for the global economy and the ...

While the global usage of currencies other than the U.S. dollar and the euro for cross-border payments remains limited, rapid technological (e.g. digital money) or geopolitical changes could ...

THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...

Money as a concept has been a cornerstone of human civilization and economic development. To start with the latter, money is a method of storing value and worth, and it also functions as a medium of ...

The BRICS grouping will create a payment system based on blockchain. The effort is part of a specific task for this year to increase the role of BRICS in the international monetary system. The ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

June 22 (Reuters) - Nearly all central bank reserve managers surveyed by UBS expect a more multipolar world in the coming years and almost half expect currency reserves to reflect that, though they ...