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The Dollar Still Dominates, but De-dollarization Is Unstoppable

The United States enjoys a special advantage because of the preeminent status of its dollar as the world’s leading reserve currency and medium of exchange. Other countries are increasingly moving toward knocking the dollar off its throne through de-dollarization. The trend is unstoppable, but it’s unlikely the dollar will lose much of its authority any time soon. ....

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The Difficult Realities of the BRICS' Dedollarization Efforts—and the Renminbi's Role - Carnegie Endowment for International Peace

The Difficult Realities of the BRICS' Dedollarization Efforts—and the Renminbi's Role - Carnegie Endowment for International Peace
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