De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, according to IMF data.
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De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, according to IMF data.
Read MoreDe-dollarization would require governments to sever political and economic ties with US
A de-dollarization collective is also unlikely as countries would risk losing access to the US security guarantee, Norrlöf said.
Read MoreDe-dollarization would require governments to sever political and economic ties with US
A de-dollarization collective is also unlikely as countries would risk losing access to the US security guarantee, Norrlöf said.
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