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Putin says global confidence in dollar is falling
Washington's use of the dollar as a political tool is backfiring as more and more countries are reducing their holdings of the greenback and switching to other currencies in trade contracts, Russian President Vladimir Putin said on Wednesday.
Iran, Russia ditch dollar as Turkey also gets on board
Iran and Russia have ditched the US dollar and are now carrying out all their transactions in national currencies, as Turkey gradually follows suit, Iran’s Central Bank Governor Abdolnaser Hemmati said Wednesday.
Chinese yuan falls to weakest level against dollar since 2010
The Chinese yuan fell to its lowest level against the dollar since August 2010 in morning trade on Monday, fueling speculation that Beijing is allowing currency depreciation to counter threatened US tariffs.
Iran’s rial gains significant value against US dollar
The Iranian national currency, the rial, was 118,000 against the US dollar on Sunday which shows a relatively high regain of value compared to months of low that followed the American introduction of crippling economic sanctions against Tehran.
Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC': Sources
Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to US antitrust lawsuits, three sources familiar with Saudi energy policy said.
Syria, Iran set up non-dollar payment channel
Iran and Syria enabled their banks to conduct transactions in their local currencies and non-dollar foreign currencies, lifting a key hurdle to their trade and investment.
CBI sees stable rial despite pressure from US
Iran has adequate currency supplies to cover trade, and the rial has stabilized after 'a heavy attack' from the US-led economic sanctions on the Islamic Republic, said the governor of Central Bank of Iran (CBI).
Euro edges off lows as dollar rally takes a pause
The euro clawed itself off recent lows on Monday as the dollar paused near 18-month highs and traders waited to see whether the U.S. Federal Reserve’s policy meeting this week would calm nerves about slowing global economic growth.
EU pushes euro to break dollar dominance
The EU commission on Wednesday presented its plan to reduce the dollar's overwhelming dominance of the global economy and to strengthen the role of the euro, particularly for energy transactions.
SWIFT's Iran ban will expedite global de-dollarization
The blacklisting of Iran from international financial messaging system SWIFT will hasten the demise of the dollar, stockbroker-turned broadcaster Max Keiser told RT.
India mulls ditching dollar in oil trade With Russia, Iran, Venezuela
This week, Russian President Vladimir Putin called Washington's sanctions policy a 'colossal strategic mistake' which has only served to undermine the dollar's credibility as a global reserve currency.
Dollar down as Iran’s Rial regains lost values
The US dollar went on a downhill spiral in Monday trading in Iran’s free currency market by experiencing a historic plunge of above 20 percent within only hours.
Receding risk aversion drives dollar  lower against most major currencies
The US Dollar finished lower against a basket of major currencies last week after an easing of tensions over the trade dispute between the United States and China encouraged investors to lift dollar hedges. The Reserve Bank of Australia (RBA) warned on risks to its outlook from US-China trade tensions and weak wages, while reaffirming its next interest rate move would likely be a hike. The New Zealand Dollar was boosted after data showed its economy grew at a faster pace than expected in the second quarter. The Bank of Japan (BoJ) reiterated last Wednesday that it would keep interest rates extremely low “for an extended period,” holding to forward guidance it first introduced in July.
Iraq officially removes US Dollar from Iran trade
Iraq indicated that it has officially removed the US dollar in trade with Iran by announcing a legal limit for passengers to carry along Euros - instead of the customary US Dollars - into the Islamic Republic.

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