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Business and Financial Times on MSNImplementing the Nilar: A Gold-Based Currency System (Referencing Ghana’s GOLDBOD concepThe Nilar is not a gold-backed currency system in which fiat money is partially supported by gold. Instead, it is a ...
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That proposal has so far sputtered, but Ardoino notes that China is now pushing a related initiative to circulate a ...
"I believe the biggest threat across the board to the U.S. dollar generally is a digital currency backed by gold," Ardiono said. He noted that the presence of Chinese infrastructure projects across ...
In Asia FX, the entire narrative hinges on one big question: how does China respond to Trump’s tariff barrage — and does that response include a deliberate devaluation of the yuan? Until now, ...
The USD does not dramatically head south and is backed by various global economic participants who trust the currency. Below is the list ... the greenback to reign supreme. Also Read: BRICS to Launch ...
Ardoino cites the proposal by BRICS countries late last year (Brazil ... is now pushing a related initiative to circulate a gold-backed currency to undermine the greenback. In this context ...
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