De-Dollarization: A Gradual Shift from US Currency Control The US dollar’s role as the global reserve currency is being challenged due to its use as a financial tool against countries like Russia and Iran. This has motivated nations, including the BRICS, to seek alternatives to the dollar, such as new international currencies and diversifying trade currencies, particularly in oil. While the shift away from dollar dominance is underway, a complete transition could take decades. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Target is cutting prices on up to 5,000 items to lure back inflation-weary shoppers READ MORE Anticipation Ahead of Fed Meeting Leads to Decline in Treasury Yields READ MORE US labor market stays resilient; housing regresses on higher mortgage rates READ MORE An elite hedge fund bought 1 million GameStop shares before the meme stock’s 400% surge READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
