What is Meant by De-Dollarization?
There is an accelerating trend towards global de-dollarization. What's behind the phenomenon and when did it start?
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There is an accelerating trend towards global de-dollarization. What's behind the phenomenon and when did it start?
De-dollarisation basically means reducing the dependence on the US dollar as a medium of exchange or reserve currency.
Donald Trump, frontrunner in the race for the 2024 Republican nomination, has been outrightly critical about the state of the economy of America
Dumping the Dollar: The BRICS collective, comprising Brazil, Russia, India, China and South Africa, is working on a common currency in an attempt to ditch the US dollar and push back against America’s dominance. The move comes as Moscow and Beijing call for de-dollarisation in the face of Western sanctions