By Sangita Gazi and Christabel Randolph In a 2022 report, International Monetary Fund (IMF) states that ‘[t]he dollar’s share of global foreign-exchange reserves fell below 59 percent in the final …
  • zephyreksOPM
    138·
    11 months ago

    The progress towards dedollarization reduces the reliance countries have on the US, which is good for their economies but bad for the US.

    That’s a good thing overall.