Asian Currencies Weaken as Rate Fears Keep Dollar Steady on Nostr: The Future of the Petrodollar and the US Dollar's Reserve Currency Status ...
The Future of the Petrodollar and the US Dollar's Reserve Currency Status
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#19fdf91f ver:0.47
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. Experts suggest that the US should focus on strengthening its own economy to maintain the dollar's position. Concerns about the erosion of the USD's dominance are largely self-inflicted due to fiscal and monetary policy. The decline of the dollar would have significant consequences for the US....
#newstr #UsDollar #WorldReserveCurrency #Petrodollar #ChineseYuan
https://here.news/story/19fdf91f?ver=0.47
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#19fdf91f ver:0.47
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. Experts suggest that the US should focus on strengthening its own economy to maintain the dollar's position. Concerns about the erosion of the USD's dominance are largely self-inflicted due to fiscal and monetary policy. The decline of the dollar would have significant consequences for the US....
#newstr #UsDollar #WorldReserveCurrency #Petrodollar #ChineseYuan
https://here.news/story/19fdf91f?ver=0.47