Asian Currencies Weaken as Rate Fears Keep Dollar Steady on Nostr: The G7 and BRICS Alliance Compete to Dethrone the US Dollar as Global Reserve ...
The G7 and BRICS Alliance Compete to Dethrone the US Dollar as Global Reserve Currency
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#19fdf91f ver:0.48
The G7 and BRICS are competing to dethrone the US dollar as the global reserve currency. However, a new report suggests that the dollar's dominance remains secure. Central banks are diversifying their reserves, but the USD still holds a strong position. Experts argue that addressing the US's own economic fundamentals is crucial to maintain the dollar's position. While there are concerns about the erosion of the USD's dominance, it is difficult to envision a world where China poses a better investment prospect and trade partner than the US. The decline of the dollar would have significant consequences for the US economy and its political power. #USD #globalreservecurrency #G7 #BRICS...
#newstr #G7 #Brics #UsDollar #CurrencySystem #ReserveCurrency
https://here.news/story/19fdf91f?ver=0.48
===============
#19fdf91f ver:0.48
The G7 and BRICS are competing to dethrone the US dollar as the global reserve currency. However, a new report suggests that the dollar's dominance remains secure. Central banks are diversifying their reserves, but the USD still holds a strong position. Experts argue that addressing the US's own economic fundamentals is crucial to maintain the dollar's position. While there are concerns about the erosion of the USD's dominance, it is difficult to envision a world where China poses a better investment prospect and trade partner than the US. The decline of the dollar would have significant consequences for the US economy and its political power. #USD #globalreservecurrency #G7 #BRICS...
#newstr #G7 #Brics #UsDollar #CurrencySystem #ReserveCurrency
https://here.news/story/19fdf91f?ver=0.48