Renminbi threat to dollar could be stalling
Amount of cross-border trade settled in the Chinese currency fell in the third quarter and involved just a few companies outside the mainland or HK
ARCHIVED
Dollar under pressure
Resources
The sharp fall in the US dollar is giving ammunition to the critics of the Obama administration and fuelling broader concerns about the erosion of America’s reserve currency status
More in this section
US body sees renminbi as threat to dollar
The Chinese currency could pose a challenge to the international dominance of the greenback within a decade, says a commission set up by Congress
Gulf’s dollar peg makes sense
The US currency’s weakness has prompted many to argue that the region’s link to it be ended, but economic interests should dictate otherwise
Could the dollar become more like the yen?
With America’s fundamentals appearing more like Japan’s, a US current account surplus may give its currency surprising resilience
Debate over Gulf peg to dollar reignited
US rating downgrade and weak state of its currency prompts controversy because of higher cost of imports and inflation for GCC states
Time to question the dollar’s role as reserve
The use of the greenback provides many advantages but it has made the system increasingly susceptible to its problems
Related content and features
Interactive
Currencies in context
The spotlight has been thrown on the dollar in the past week as it fell to a 14-month low against a basket of currencies and analysts have raised concerns about the potential erosion of America’s reserve currency status. Use our graphic to view the dollar within the framework of the current major trends in the currencies market
Comment & Analysis
Dollar looks even shakier than the euro
Despite the turmoil in Greece and elsewhere across the eurozone, it is America’s currency that is the real underperformer
Time to question the dollar’s role as reserve
The use of the greenback provides many advantages but it has made the system increasingly susceptible to its problems
US exorbitant privilege: what price?
The downgrade of US debt has not erased the dollar’s special position, but it is a forceful reminder that the special status could some day be lost
The dollar: default fears shrugged off
The dollar has recently obeyed the logic of “risk on” and “risk off”. When risk aversion mounts, equities and commodities sell off, while the dollar gains
Greenback’s birthday
The US dollar, which turned 150 this week, is finally starting to show its age, and is worryingly vulnerable to a nasty fall
Investors wary of post-QE2 bear trap for dollar
The US currency index has rallied nearly 5 per cent from a 33-month low hit in early May and there are signs of short covering ahead of tighter monetary policy
Bears put dollar on track for record lows
Bearish bets against both the economy and credit standing of the world’s reserve currency are pushing the greenback to within sight of fresh lows as the losing streak continues
More stories
