Yellen Acknowledges Sanctions Concerns: Impact on US Dollar Dominance Analyzed
Wednesday, 10 July 2024, 11:50
Yellen's Admission on Sanctions and Dollar Dominance
Experts highlight the impact of weaponizing the US dollar.
Shift towards Local Currency Settlements
China and other nations actively promoting local currencies for global transactions.
- Increased diversification of financial options.
- Anticipated acceleration of de-dollarization policies.
These initiatives are reshaping the global financial order with implications on the US dollar's influence.
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