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Global Financial and Economic Institutions

Global Financial and Economic Institutions: Understanding OECD, BIS, FSB, FATF, and ACU

Introduction In the era of globalization and interconnected economies, the smooth functioning of global finance and trade depends on cooperation among international institutions. Various organizations work to ensure economic stability, promote transparency, and strengthen financial systems across nations.Among these, the Organization for Economic Co-operation and Development (OECD), Bank for International Settlements (BIS), Financial Stability Board…

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Strength of dollar

The Strategy Behind the US Dollar’s Global Strength: Why America’s Currency Outshines Others

Introduction In the modern global economy, currencies are more than just a means of exchange; they are instruments of power, influence, and stability. Among all currencies, the US Dollar (USD) holds a unique position as the most dominant and powerful currency in the world. Despite the presence of other strong economies like the European Union,…

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US Dollar on international market

Why Strong Countries Still Use the US Dollar in International Trade: A Historical, Economic, and Geopolitical Perspective

Introduction In the modern global economy, the United States dollar (USD) has become the backbone of international trade, finance, and investment. Whether it is oil trading in the Middle East, raw materials in Africa, or manufactured goods in Asia, the dollar dominates global transactions. Surprisingly, even economically strong and politically influential countries — such as…

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Digital Currencies

Digital Currencies and the Future of International Trade

Introduction The 21st century has witnessed a revolutionary transformation in the way money, finance, and trade operate. Traditional fiat currencies, governed by central banks and facilitated through commercial banks, are now being challenged by digital currencies. Cryptocurrencies like Bitcoin and Ethereum, Central Bank Digital Currencies (CBDCs) being developed by countries such as China and India,…

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