A new exchange rate era

Lun, 05/13/2024 - 02:10 -- bacosta

The reduction in the use of the dollar in international transactions and in keeping the reserves of nations, known as de-dollarisation, is not a conspiracy but rather the consequence of a series of interconnected factors reflecting changes in the global economic landscape. The declining relevance of the United States in the global economy, the growth of trade among emerging economies and the search for lower costs in international transactions are the main drivers of this phenomenon.

Suscribirse a RSS - De-dollarisation