US President Donald Trump has threatened BRICS nations with 100% tariffs if they replace the US dollar as reserve currency. He has also threatened Canada and Mexico with tariffs.
Thanks to dollarization, a lot of places beyond U.S. territories like Puerto Rico and Guam happily take U.S. dollars in addition to their local currency.
At the time of writing, GBP/USD was trading at $1.2449, virtually unchanged on the day. The Pound (GBP) was initially quiet on Thursday, trading sideways against many of its rivals, as an ongoing ...