’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 || Please consider supporting us at Patreon: Podcast: Newsletter:
Back to Top