non-diegetic screams@lemmygrad.ml to

World News@lemmygrad.ml · 3 years ago

De-dollarization: Why countries are seeking alternate currencies

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De-dollarization: Why countries are seeking alternate currencies

non-diegetic screams@lemmygrad.ml to

World News@lemmygrad.ml · 3 years ago

6

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

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小莱卡@lemmygrad.ml
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3 years ago
We’re in 2023 not 2008, the world has changed.
- non-diegetic screams@lemmygrad.mlOP
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  18·
  3 years ago
  Also the U$ never recovered from 2008 lol
- vettnerk@lemmy.ml
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  16·
  3 years ago
  As shitty as USD is, I’m excited to learn which viable alternative has emerged since 2008.
  - Iknt@lemmygrad.ml
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    3 years 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
    
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    Yuan exceeds dollar in China’s bilateral trade for first time