Page 8 - De Dollarisation News Today

Settling transaction in Indian rupee will help traders of both India and Sri Lanka who are facing shortages in Foreign Exchange

Analysis: After several IMF loans, Egypt's economy continues to struggle and debt is skyrocketing. Recent policies suggest Cairo may be joining a growing trend of nations taking measures to undermine the US's financial hegemony.

If de-dollarisation occurs, the impact will be felt wide and far. Severe sanctions are a double-edged sword which will impact every nation.

What role do Russia's massive foreign reserves play? Can its 'de-dollarisation', that is, its attempts to reduce the share of US dollars in its foreign reserves with gold and the Chinese renminbi, save the Russian economy from collapsing?

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