US dollars
Coverage of US dollars in the Nexus archive.
- Angola Adds the Chinese Yuan to Its Central Bank Reserve Requirements
Angola's central bank, Banco Nacional de Angola, added the Chinese yuan to its list of eligible reserve currencies effective 6 July 2026. Commercial banks can now hold mandatory reserves in US dollars, euros, South African rand, and yuan. Angola also owes China roughly US$17 billion in debt.
- What happens when Indonesia’s top corruption buster is suspected of graft himself?
Indonesia’s deputy attorney general for special crimes, Febrie Adriansyah, is now suspected of corruption after authorities found 74kg of gold and over US$15 million in multiple currencies in a house linked to him. The discovery has sparked one of the largest scandals in Indonesia’s law-enforcement establishment.
- Hong Kong debt market heats up as Tencent, Swire raise US$5.2b in multi-currency deals
Hong Kong’s debt market is surging, with Tencent Holdings and Swire Pacific raising over US$5.2 billion in multi-currency bonds, including US dollars, offshore yuan, and Hong Kong dollars. This highlights Hong Kong’s growing role as an international bond hub.
- Eurozone issuers turn to non-euro debt in hunt for new investors
Eurozone issuers are increasingly issuing debt in non-euro currencies like US dollars and Swiss francs to attract new investors. This shift reflects a strategy to diversify investor bases amid challenges in the eurozone debt market.