April 29, 2024

AndronETalksNews

AndronETalksNews

Suddenly Everyone Is Hunting for Alternatives to the US Dollar

Yahoo Finance – Bloomberg

By

 

Tired of a too-strong and newly weaponized greenback, some of the world’s biggest economies are exploring ways to circumvent the US currency.

Smaller nations, including at least a dozen in Asia, are also experimenting with de-dollarization. And corporates around the world are selling an unprecedented portion of their debt in local currencies, wary of further dollar strength.

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