Treasury Secretary Janet Yellen says to expect a gradual decline in the dollar's share of global reserves, but greenback remains dominant
markets.businessinsider.com
"I would say there is virtually no meaningful workaround for most countries for using the dollar as a reserve currency."
  • DamarcusArt@lemmygrad.mlEnglish
    8·
    1 year ago

    Could be both at the same time. They might just blame Ukraine for de-dollarisation. (As in, scapegoat the country for it, not their own actions. They would never do that.)