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POLITICS

US unable to cut Iran’s access to dollar-based banking services: Report 

A WSJ report shows Iran is still able to transfer billions of dollars' worth of funds through intermediaries linked to US banks. 

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POLITICS

Demise of dollar: India, Bangladesh join hands to ditch US currency in cross-border trade

India finally joins hands with Bangladesh to do cross-border trade in their own currencies, the Indian rupee (INR) and the Bangladeshi taka (BDT), making Bangladesh the nineteenth country to ditch the US dollar.

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ON THE NEWS LINE

Countries moving away from US dollar

China and Brazil have struck a deal to conduct trade transactions in their national currencies, ditching the US dollar as an intermediary.

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