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Tag Archives: dedollarisation
Dedollarization Suffers a Blow As Global USD Payments Hit Record High
.. Dedollarization suffers a blow as the greenback’s share in global payments hits a record high Zahra Tayeb Aug 24, 2023, 6:42 PM MYT An international movement against the dollar’s global dominance, spearheaded by nations including China and Russia, has … Continue reading
Dedollarisation and China, the Yuan and the US Dollar
.. By Winni Zhou and Rae Wee https://money.usnews.com/investing/news/articles/2023-05-18/analysis-as-chinas-yuan-drops-through-7-again-the-dollar-is-in-the-drivers-seat .. .. .. GT Voice: De-dollarization inevitable as dollar steps down from altar By Global Times Published: Apr 26, 2023 10:20 PM What’s perhaps more surprising – and potentially worrying for Washington … Continue reading
Vikram Kotak: Dedollarisation efforts will make only a small dent in the greenback’s dominance
.. Excerpts from: Dedollarisation efforts will make only a small dent in the greenback’s dominance Transactions involving yuan jumped by a whopping 70 percent in the last three years, yet, it accounts for only seven percent of that total of … Continue reading
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