Tag: dollars

Amazon crosses two trillion dollars in stock market value for the first time

Amazon.com has surpassed two trillion dollars (£1.59 trillion) in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit three trillion dollars and briefly became the most valuable company on Wall Street. Nvidia’s chips are used […]

US dollar’s dominance secure, BRICS see no progress on de-dollarization -report

By Andrea Shalal WASHINGTON (Reuters) – The U.S. dollar remains the world’s primary reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global reliance on the dollar, a new study by the Atlantic Council’s GeoEconomics Center shows. The group’s “Dollar Dominance Monitor” said the dollar continued to dominate […]

US dollar’s dominance secure, BRICS see no progress on de-dollarization -report

By Andrea Shalal WASHINGTON (Reuters) – The U.S. dollar remains the world’s primary reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global reliance on the dollar, a new study by the Atlantic Council’s GeoEconomics Center shows. The group’s “Dollar Dominance Monitor” said the dollar continued to dominate […]