ع
Sections
  • Politics
  • Culture & Social Affairs
  • Business & Economy
  • Science & Technology
  • Documents & Memoirs
Regions
  • Gulf
  • MENA
  • Europe
  • USA
  • Asia
  • World
More
  • Videos
  • Cartoons
  • World in photos
  • Infographics
  • Profiles
  • Newsletter

LATEST ISSUE

Latest Issue
Magazine Archive
النسخة العربية
  • Politics
  • Culture & Social Affairs
  • Business & Economy
  • Science & Technology
  • Tag
  • US dollar

A Japanese man walks past a screen displaying foreign currency exchange rates against the Japanese yen following the yen's collapse on 3 August 2026. Reuters

A tool rarely used: historic US intervention to save the yen

The Federal Reserve worked with the Bank of Japan last week to help lift the yen, after it hit nearly 40-year lows against the dollar. Has it succeeded?

Rana Freifer 05 August 2026
Adrián Astorgano

Why people flock to the dollar when local currencies collapse

An estimated 60% of all US banknotes in circulation are held outside the United States. In many parts of the world, the dollar is effectively the unofficial local currency. Al Majalla explains why.

Abdel-Rahman Ayas 06 June 2026
Al Majalla

Gold’s ascent points to strains in the dollar-centric global financial order

Rising bullion prices, volatile currency markets, and renewed debate over US monetary strategy reflect deepening doubts about Washington's stewardship of the global financial system

Mohamed Sharki 18 February 2026
Turkish financial expert Cüneyt Akman

Turkish Expert Asserts Continued Loss of Lira Amid Unchanged Economic Policies

The Turkish lira continues to touch record lows, the first of its kind, at a time when the Central Bank is trying to control its exchange rate against foreign currencies. The lira continues its…

Jiwan Soz 19 December 2021
The US Dollar depicted as the dominate world reserve currency. (Getty)

Does It Matter If Dollar Dominance Ends?

What price will the United States pay for the end of dollar hegemony, if indeed dollar hegemony ends? Paul Krugman, New York Times columnist and Nobel Prize laureate, suggests that concern over the…

Robert Farley 25 June 2021
  • Popular
  • Editor's Pick
A US Navy sailor directs a Eurocopter AS-332 Super Puma helicopter on the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln, which is supporting US military operations in the war with Iran on 16 August 2026. US. Navy/REUTERS
Politics

US troops leave Iraq, but double down in the region

30, Sep 2026

Why 30 September should be understood less as a US exit from the Middle East than as the end of a particular model of American intervention

Caroline Rose
Eduardo Ramón
Documents & Memoirs

Exclusive interview with the man who caught Eli Cohen

30, Sep 2026

Ibrahim Hamidi spent years following the story of Mossad's 'spy in Damascus ', but some secrets remained untold. He then learned that the man who could answer them was still alive

Ibrahim Hamidi
Moroccan Foreign Minister Bourita & Israeli Foreign Minister Sa'ar agreed to advance their
relationship on security, trade, and regional integration on 16 September 2026. @USAmbUN/X
Politics

Morocco expands ties with Israel: why now?

28, Sep 2026

After months of behind‑the‑scenes talks, Rabat and Tel Aviv are deepening ties under a new phase of the existing Abraham Accords, with Western Sahara being dangled as an incentive

Mohamed Sharki
US President Donald Trump and Chinese President Xi Jinping view portraits of former US presidents at the White House, Washington, DC, on 24 September 2026. Reuters
Politics

US-China summit: did Xi get what he wanted?

29, Sep 2026

Why the Chinese president's visit to Washington could be considered a success, despite no big movement on trade, Taiwan, and technology

Charbel Barakat
Soldiers from the Ethiopian National Defence Force chant slogans after completing their training at an officers' training ground 70 kilometres northeast of the city of Gondar, Ethiopia, on 14 September 2021. AFP
Politics

Turmoil in Tigray: the view from Ethiopia's neighbours

30, Sep 2026

While many would like to see Addis Ababa distracted, they also worry about a refugee spillover should a civil war break out. It might be a case of 'be careful what you wish for'

Sergey Eledinov

Sign up for the Weekly Newsletter

Get the best of Al Majalla, straight to your inbox.

Your newsletter subscriptions are subject to Al Majalla privacy policy and terms and conditions.

OPINIONS

G7 agrees to release 100 million barrels of reserve diesel

Alexandra Sharp
Alexandra Sharp

Jamil Molaeb’s 'Journeys of Cities': where new meets old

Mimoza Al-Arrawi
Mimoza Al-Arrawi

Said Jawish Interview Part 2: tracing the cable to Cohen

Ibrahim Hamidi
Ibrahim Hamidi

Russia boosts its defence budget with an eye on Europe

Con Coughlin
Con Coughlin
MORE FROM OPINIONS
logo
  • Politics
  • Culture & Social Affairs
  • Business & Economy
  • Science & Technology
  • Documents & Memoirs
  • Gulf
  • MENA
  • Europe
  • USA
  • Asia
  • World
  • Videos
  • Cartoons
  • World in photos
  • Infographics
  • Profiles
  • About Al Majalla
  • Al Majalla Team
  • Terms of Service
  • Privacy Policy
  • Contact us
logo

© Al Majalla Magazine. All Rights Reserved.

0:00:00
0:00:00