Currencies: And despite everything, the US dollar proves resilient
At first glance, the headline may seem surprising, given that the dollar's recent rise is rooted in soaring interest rates on US debt. However, the recent meeting of the BRICS (Brazil, Russia, India, China and South Africa) is playing out an entirely different tune, the underlying force of which should not be overlooked.
August 28, 2023 at 09:56 am