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Asian Currencies Weaken as Rate Fears Keep Dollar Steady /
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2024-06-25 17:01:01

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

US Dollar's Dominance Remains Secure as BRICS Make No Progress on De-dollarization
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#19fdf91f ver:0.42

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. The study highlights the robust US economy, tighter monetary policies, and increased geopolitical risks as factors contributing to the dollar's strength. While there are signs of a gradual shift away from the dollar in global transactions, experts suggest focusing on strengthening the US economy to maintain the dollar's position. #USD #reservecurrency #BRICS...

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

https://here.news/story/19fdf91f?ver=0.42
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