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  • Advantages of De-Dollarisation?

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    chirag agrawal
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    The document discusses efforts by some countries and institutions to reduce the dominant global role of the US dollar in financial transactions and trade. The US dollar has been the world's primary reserve currency for decades, giving the United States significant economic power. However, some are concerned about the concentration of power in US hands and risks of a dollar-dominated system. They seek ways to decrease dependence on the US dollar to gain more independence and reduce America's monetary policy influence around the world.

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    The document discusses efforts by some countries and institutions to reduce the dominant global role of the US dollar in financial transactions and trade. The US dollar has been the world's primary reserve currency for decades, giving the United States significant economic power. However, some are concerned about the concentration of power in US hands and risks of a dollar-dominated system. They seek ways to decrease dependence on the US dollar to gain more independence and reduce America's monetary policy influence around the world.

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    4 views1 page

    Advantages of De-Dollarisation?

    Uploaded by

    chirag agrawal
    The document discusses efforts by some countries and institutions to reduce the dominant global role of the US dollar in financial transactions and trade. The US dollar has been the world's primary reserve currency for decades, giving the United States significant economic power. However, some are concerned about the concentration of power in US hands and risks of a dollar-dominated system. They seek ways to decrease dependence on the US dollar to gain more independence and reduce America's monetary policy influence around the world.

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    © All Rights Reserved
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    "Dethroning the Dollar: The Battle for a New World Currency Order"

    It refers to efforts to reduce the dominant role of the US dollar in global financial transactions and
    international trade. The US dollar has been the world's reserve currency for many decades, meaning
    it is the currency held in significant amounts by central banks and governments around the world.
    This gives the United States significant economic and political power.

    However, some countries and institutions have expressed concerns about the concentration of
    power in the hands of the United States and the potential risks associated with the US dollar's
    dominance. For example, fluctuations in the value of the dollar can have significant impacts on global
    markets and economies.

    Advantages of De-Dollarisation?
    Reducing Dependence on the US Dollar:
    Reducing Dependence on the US Dollar:
    Increasing Trade and Investment:
    Reducing US monetary Policy Influence:

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