As of Setpember, half their assets were denominated in the largest cryptocurrency, driven by positive market sentiment and anticipation of the Securities…

Source: https://biztoc.com/x/bfe86248a7aa5466?ref=ff

Burgeman says the fund is divided, usually fairly evenly, into three buckets of assets - sovereign debt denominated in US dollars, sovereign debt denominated in local currencies, and corporate debt in dollars.

Source: https://www.dailymail.co.uk/money/investing/article-11569443/Global-markets-2023-Investment-prospects-China-overseas-funds-watch.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Burgeman says the fund is divided, usually fairly evenly, into three buckets of assets - sovereign debt denominated in US dollars, sovereign debt denominated in local currencies, and corporate debt in dollars.

Source: https://www.dailymail.co.uk/money/investing/article-11569443/Global-markets-2023-Investment-prospects-China-overseas-funds-watch.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

But that net debt is made up of Canadian dollars and United States denominated debt.

Source: https://seekingalpha.com/article/4583745-athabasca-oil-get-those-costs-down?source=feed_all_articles

Closer home, CRE8, an Indian Rupee denominated Virtual Digital Asset (crypto) index, was down 14.88 percent in the past 7 days.

Source: https://www.gadgets360.com/cryptocurrency/news/bitcoin-reaches-usd-25653-ether-polygon-solana-cryptocurrency-price-today-3868805

Foreigners will be less willing to own securities denominated in that currency if the risk of default is great.

Source: https://www.zimeye.net/2023/06/18/why-these-price-exchange-rate-madness/

Higher interest rates also strengthen the dollar, making commodities denominated in the U.S. currency more expensive for holders of other currencies.

Source: https://business.inquirer.net/405445/oil-prices-tick-up-as-markets-look-to-key-chinese-economic-data

In a filing to the Hong Kong Stock Exchange on Tuesday, the developer said that it had not made a payment due on a $60 million loan, denominated in Hong Kong dollars.

Source: https://biztoc.com/x/65bc5d65386284a4?ref=ff

Other dollar denominated bonds of the group were also trading lower.

Source: http://bangladeshchronicle.net/adani-firms-lose-65b-in-value/

Since international trade is generally denominated in dollars, U.S. businesses can buy and sell in their own currency, something their foreign competitors cannot do as easily.

Source: https://kiowacountypress.net/content/us-debt-default-could-trigger-dollar%E2%80%99s-collapse-%E2%80%93-and-severely-erode-america%E2%80%99s-political-and

Since most foreign trade is denominated in the dollar, trade must go through an American bank at some point.

Source: https://kiowacountypress.net/content/us-debt-default-could-trigger-dollar%E2%80%99s-collapse-%E2%80%93-and-severely-erode-america%E2%80%99s-political-and