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Asian Currencies Weaken as Rate Fears Keep Dollar Steady /
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2024-06-25 16:02:38

Asian Currencies Weaken as Rate Fears Keep Dollar Steady on Nostr: US Dollar's Dominance Secure as BRICS Make No Progress on De-dollarization ...

US Dollar's Dominance Secure as BRICS Make No Progress on De-dollarization
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#19fdf91f ver:0.41

The US dollar's dominance as the world's primary reserve currency remains secure, according to a study by the Atlantic Council's GeoEconomics Center. Efforts by the euro and BRICS countries to reduce reliance on the USD have been unsuccessful. However, there are signs of a gradual shift away from the dollar in global transactions, with central banks diversifying their reserves. Experts suggest that the US should focus on strengthening its own economy to maintain the dollar's position. Gold is seen as an alternative to the dollar in the short term. #USD #reservecurrency #BRICS #economy...

#newstr #UsDollar #ReserveCurrency #Brics #Dedollarization #Euro #CurrencyUnion #CrossborderInterbankPaymentSystem #Cips #Gold #GeopoliticalRisks

https://here.news/story/19fdf91f?ver=0.41
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