The prospect of a new world currency has been gaining traction, with the BRICS alliance exploring the idea of an innovative currency. The group of nations plans to share proposals at a forthcoming ...

Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. At a G8 world currency meeting in 2009, Russian President Dmitriy Medvedev ...

The euro shows both the promises and pitfalls of unified currency systems. Economic sovereignty remains a key barrier to ...

The overvalued dollar has benefits for Americans, but also costs. A true global currency might be the answer. America's international arrangements are too expensive for the country to sustain. These ...

The rise of China as an economic powerhouse in global trade in recent decades has sparked concerns about the long-term status of the U.S. dollar as the world’s primary reserve currency, which it has ...

The International Finance Corporation, the World Bank's private investment arm, is expanding its local-currency lending and ...

Talk about privilege. The dollar is not just the currency of the United States; it is what's called the world's "reserve currency," where people and institutions park their money. But there's concern ...

The US dollar continues to remain the world's primary currency, accounting for a significant share of global reserves and trade transactions. With Donald Trump coming to power, the strength of the ...

Stablecoins could help the U.S. dollar stay the world’s No. 1 reserve currency, but not in the way that many have assumed, according to Deutsche Bank Research. U.S. policymakers in July touted the ...