Dollar

How Currencies May Become Next Global Battleground

President Donald Trump's renewed focus on what he calls "unfair" exchange rates could presage a new global battlefield that has the potential to do great damage to the world economy.Trump has spent two years attacking the underpinnings o...

Joburg Post·almost 5 years ago

Nixon’s decision to delink the dollar from gold still hounds the IMF, South Africa and Africa

Five decades ago this month, US President Richard Nixon informed the world that the US would no longer honour its commitment to exchange US dollars for gold on demand. The commitment had been the foundation of the international monetary ...

Danny Bradlow·over 2 years ago