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Video: Dollar dominance and the dance of global economies: What lies ahead?
I spoke with Kitco News about the decline of the US dollar and the rise of de-dollarization, which has been a topic of conversation for years and has returned again. The weaponization of the dollar during the Ukraine war has accelerated this process. International trade is now being conducted in Chinese Yuan, and oil and natural gas are being sold in Russian Rubles or traded for gold. However, the U.S. dollar still remains the dominant means of payment, and gold and oil, the most important comm...
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Posted: Apr 24 2023, 18:13
Author Name: forexlive
Views: 081977