2018-07-01 08:34:00 Sun ET
federal reserve monetary policy treasury dollar employment inflation interest rate exchange rate macrofinance recession systemic risk economic growth central bank fomc greenback forward guidance euro capital global financial cycle credit cycle yield curve
Are China and Russia etc gonna dethrone the petrodollar? Over the years, China, Russia, France, Germany, and Japan have made numerous attempts to use their own reserve currencies as the primary monetary basis for futures in oil, silver, steel, aluminum, and other metals. De-dollarization helps non-U.S. companies anchor their use and consumption of natural resources to more reliable reserve currencies due to zero exposure to foreign exchange risk. Durable de-dollarization depends on a credible disinflationary monetary policy conduct and specific microeconomic measures. Not only does this strategy contribute to better financial risk mitigation, this strategy helps minimize any abrupt impact of greenback gyrations on domestic demand for oil, steel, and other natural resources. Often times de-dollarization can be conducive to promoting better open exchange rate flexibility, macroeconomic stabilization, inflation moderation, and financial crisis containment.
Should these countries and regions mute their exposure to dollar fluctuations over time, the greenback may become less than the gold standard of universal currency. Chinese, Russian, and Japanese companies can better acquire pivotal resources with minimal currency risk, whereas, de-dollarization remains an open challenge for France, Germany, and other European countries in the post-Brexit era.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-05-29 11:40:00 Tuesday ET

America and China, the modern world's most powerful nations may stumble into a **Thucydides trap** that Harvard professor and political scientist Graham
2018-07-15 11:35:00 Sunday ET

Facebook, Google, and Twitter attend a U.S. House testimony on whether these social media titans filter web content for political reasons. These network pla
2018-01-06 07:32:00 Saturday ET

Subsequent to the Trump tax cuts for Christmas in December 2017, the one-year-old Trump presidency now aims to make progress on health care, infrastructure,
2019-06-01 10:33:00 Saturday ET

Top tech firms such as Google, Intel, and Qualcomm suspend Android services to HuaWei as the Trump administration blacklists the Chinese company. HuaWei can
2022-05-25 09:31:00 Wednesday ET

Net stock issuance theory and practice Net equity issuance can be in the form of initial public offering (IPO) or seasoned equity offering (SEO). This l
2018-02-15 07:43:00 Thursday ET

Fed minutes reflect gradual interest rate normalization in response to high inflation risk. FOMC members revise up the economic projections made at the Dece