Latest / The Emerging Markets Podcast with Fexingo: Developing Economies, Growth, and Investment
How Emerging Market Trade Routes Are Rewriting the Dollar's Role
On this episode of The Emerging Markets Podcast, Lucas and Luna explore a surprising shift in global trade: emerging market currencies are gaining ground in cross-border settlements, even as the US dollar remains dominant. Drawing on recent data showing a modest dip in the trade-weighted dollar index and rising exports from emerging economies, they discuss how countries like China and India are quietly building alternative payment systems and currency swap lines. The conversation centers on a concrete case: the recent surge in yuan-denominated trade settlements between China and its trading…
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