De dollarization: 50+ Countries Ditch US Dollar
Why De-dollarization? What are the reasons behind the De-dollarisation? Since World War II, the US dollar has long been the world's reserve currency, but its dominance is now threatened. In recent years, there has been an accelerating trend towards de-dollarization.
Countries seek to reduce their overreliance on the US dollar and enhance their economic sovereignty by diversifying their currency reserves and conducting transactions in alternative currencies. Discontent over the dollar’s supremacy is more widespread, covering the BRICS block, ASEAN, the Middle East, Africa, and Latin America.
----------------------------------------------------------------------------------------------------------------------
Enjoyed the video? Comment below! 💬 and Hit the like button! 👍
Kindly SUBSCRIBE to the Channel and Press the Bell icon: / @narviacademy
Follow NaRvi Academy on social media:
Facebook: / narviacademy.in
Instagram: / narviacademy
-----------------------------------------------------------------------------------------------------------------------
Videos: Pexels and https://www.vecteezy.com/
Narrated and produced by Mohit
#dedollarization #dollar #unitedstates
Watch video De dollarization: 50+ Countries Ditch US Dollar online without registration, duration hours minute second in high quality. This video was added by user NaRvi Academy 15 April 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 14,138 once and liked it 406 people.