’Dollar suffered stunning collapse in market share’ media warns, as Global South de-dollarizes
“The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to [the US government’s] muscular use of sanctions“, warn prominent financial analysts, as countries in the Global South create economic alternatives in an increasingly multipolar world.
BRICS Bank de-dollarizing, promises 30% of loans in local currencies, new chief Dilma Rousseff says:
Countries worldwide are dropping the US dollar: De-dollarization in China, Russia, Brazil, ASEAN:
|| Geopolitical Economy Report ||
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