JNN 31 May 2013 New York : Though the US dollar continues to reign as the foreign reserve currency of choice, a new International Monetary Fund analysis shows that the currency has slumped to a 15-year low, heightening concerns that it may lose that status. Continue reading
Tag Archives: Reserve currency
Gold prices Hit all time record High , as the US economy near to collapse
JNN 23 April 2011 : Gold prices have hit an all-time high, standing at above USD 1,500 an ounce, amid growing concerns over the deepening economic crisis in the United States affecting the dollar. Continue reading Chinese Renminbi launches economic war against US Dollar
JNN 05 Mar 2011 : In a surprising turn of events, today’s biggest piece of news received a mere two paragraph blurb on Reuters, and was thoroughly ignored by the broader media. An announcement appeared shortly after midnight on the website of the People’s Bank of China. Continue reading
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