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Understanding De-dollarization: Is the US Dollar’s Dominance at Risk?

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Lately, the US dollar has been facing increasing criticism, with phrases like “financial terrorist” and “extra-territoriality” being thrown around. As a result, the term “de-dollarization” is becoming more popular in Google search trends. In this article, we explore whether the US dollar’s reign is truly coming to an end.   De-dollarization: Challenging the US Dollar’s Supremacy…

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A Nurse’s Search for Best Currency Rates Leads to Unimoni

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Moving to a new country as a nurse can be a daunting and intimidating experience, especially when it comes to the financial aspect. Searching for the best currency rates and money transfer services finally led me to Unimoni Angamaly Branch in Kerala, India.   At Unimoni, I have found some exciting exchange rates and mind-blowing…

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How much should you allocate to international funds?

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International funds? Most investors can profit from some overseas investment exposure. It allows people to invest in exciting and distinctive firms and industries that aren’t available on the Indian stock exchanges. In addition, several international markets have a minimal correlation with our Indian markets. This minimal correlation reduces portfolio volatility and guarantees adequate diversification, particularly…

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SWIFT money transfer: Your full guide

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What is a SWIFT money transfer?  Swift money transfer? Countries have sought safer and safer ways to transmit payments between banks in the age of global trade. International transactions frequently necessitate the use of networks and intermediaries. The organization name that allows global interbank financial communications is the SWIFT Banking System. Banks may now send…

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Understanding Wire Transfers: Types, Process, and Benefits

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What is a Wire Transfer?   A wire transfer is an electronic method of sending money from one bank account to another. It is fast and secure, with most transfers completed within the same business day or a few hours. Wire transfers use encrypted networks and verification protocols, making them very safe and protecting against…

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