diegeticscream[all]🔻@lemmygrad.ml to

World News@lemmygrad.ml · 1 year ago

De-dollarization: Why countries are seeking alternate currencies

5

32

De-dollarization: Why countries are seeking alternate currencies

diegeticscream[all]🔻@lemmygrad.ml to

World News@lemmygrad.ml · 1 year ago

5

In the coming days, many countries will embrace this shifting currency paradigm, leading to de-dollarization, which will redefine the global economy and trade.

Chat

小莱卡@lemmygrad.ml
link
fedilink
arrow-up
22·
1 year ago
We’re in 2023 not 2008, the world has changed.
- diegeticscream[all]🔻@lemmygrad.mlOP
  link
  fedilink
  arrow-up
  18·
  edit-2
  2 months ago
  deleted by creator
- vettnerk@lemmy.ml
  link
  fedilink
  arrow-up
  1
  arrow-down
  16·
  1 year ago
  As shitty as USD is, I’m excited to learn which viable alternative has emerged since 2008.
  - Iknt@lemmygrad.ml
    link
    fedilink
    arrow-up
    21
    arrow-down
    1·
    1 year ago
    The U.S. dollar accounts for about 47% of total global reserves in 2022 (55% in 2021). A one-year decline of 8% is equivalent to 10 times the average annual rate of decline in dollar market share in previous years
    
    BRICS: 10 Asian Countries Agree to Ditch The U.S. Dollar
    
    The rise of national currencies against dollar hegemony
    
    Yuan exceeds dollar in China’s bilateral trade for first time