US Dollar Dominance
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IN-DEPTH3 years ago
The ongoing trend toward dedollarization
The US Treasury Secretary, Janet Yellen, says Washington should expect a gradual decline in the dollar share of the global reserve as a global dedollarization move is gaining momentum.
The ongoing trend toward dedollarization
IN-DEPTH3 years ago
The US dollar is no longer king
The days of US dollar hegemony appear to be numbered as multiple countries have adopted alternative currencies to the US dollar for international transactions.
The US dollar is no longer king