diegeticscream[all]🔻@lemmygrad.ml to World News@lemmygrad.ml • 1 year agoDe-dollarization: Why countries are seeking alternate currenciesexternal-linkmessage-square6 fedilinkarrow-up12
arrow-up12external-linkDe-dollarization: Why countries are seeking alternate currenciesdiegeticscream[all]🔻@lemmygrad.ml to World News@lemmygrad.ml • 1 year agomessage-square6 Commentsfedilink
minus-squarevettnerk@lemmy.mlhexbear0·1 year agoAs shitty as USD is, I'm excited to learn which viable alternative has emerged since 2008. linkfedilink
minus-squareIknt@lemmygrad.mlhexbear1·1 year agoThe 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 The rise of national currencies against dollar hegemony Yuan exceeds dollar in China's bilateral trade for first time linkfedilink
As shitty as USD is, I'm excited to learn which viable alternative has emerged since 2008.
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
The rise of national currencies against dollar hegemony
Yuan exceeds dollar in China's bilateral trade for first time