Search results
12 sty 2024 · Geopolitical shifts that are dividing the world could create problems for the US dollar, traditionally the dominant currency globally for trade and investment.
5 cze 2023 · All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China recently struck a deal to settle trade in their local currencies, seeking to bypass the ...
12 sty 2024 · It risks accelerating a move away from use of the US dollar for trade or investment by countries that have different geopolitical interests than the US, such as China or the Gulf states. In...
8 paź 2024 · De-dollarization entails a significant reduction in the use of the U.S. dollar in world trade and financial transactions. Some signs of de-dollarization are evident in the commodities space, where energy transactions are increasingly priced in non-USD currencies.
2 maj 2023 · Move away from USD has accelerated following invasion of Ukraine. The US dollar’s global share of forex reserves has fallen significantly in recent years. (Image credit: Illustrated/Getty...
20 sty 2024 · It risks accelerating a move away from use of the US dollar for trade or investment by countries that have different geopolitical interests than the US, such as China or the Gulf states. In fact, several governments outside the west are exploring ways to reduce their exposure to the dollar.
12 maj 2021 · The share of US dollar reserves held by central banks fell to 59 percent—its lowest level in 25 years—during the fourth quarter of 2020, according to the IMF’s Currency Composition of Official Foreign Exchange Reserves (COFER) survey. Some analysts say this partly reflects the declining role of the US dollar in the global economy, in the face of competition from other currencies used by ...
