Discover how dollarization stabilizes fledgling economies and attracts foreign investment by replacing the local currency with the U.S. dollar for safety.

Global trade is slowly shifting from dollar dominance. Using local currencies is no longer an economic choice, it is becoming ...

Emerging markets local currency debt posted strong returns in the second quarter, building on momentum from earlier in the year. We continue to see opportunities in the EM local currency space, where ...

Emerging-market bonds are likely to be supported in 2026 as the securities are increasingly owned by local investors who are less exposed to currency risk and are therefore more resilient holders, ...

China has renewed local currency swaps with three European central banks totaling 540 billion yuan ($75 billion), a move experts said highlights deepening monetary cooperation to safeguard financial ...

Options traders are betting on at least a 10% gain in emerging-market local-currency bonds over the next three months, turning the most optimistic on the asset class in 16 months. The implied ...

LONDON (Reuters) -A weakening U.S. dollar is lifting a long-neglected asset class - emerging market local currency debt - after a more than decade-long drought. Emerging market local - currency bond ...

Credit cards and banking specialist Jenn Underwood brings over 16 years of personal finance experience to the table. After a decade of teaching courses in banking, debt reduction, budgeting and credit ...

Ben is a credit cards and luxury travel writer, an immigrant with three citizenships and a husband. He speaks English, Spanish and Italian, has a background in linguistics and languages, and travels ...

BEIJING, Sept. 11 (Xinhua) -- The central banks of China and Indonesia on Thursday officially launched a local currency settlement framework for bilateral transactions, aiming to facilitate the ...

On paper, it was a brilliant idea: encourage people to buy from independent businesses by printing pound notes bearing the name of the town or city where they are accepted and help to save local high ...

Frontier market issuers have been in the mainstream of hard-currency sovereign debt markets for many years, but most have struggled to build scale and liquidity for their local-currency bonds. The ...