The End of Dollar Supremacy
17 May 2023, 08:15 
RIO DE JANEIRO, Brazil / BUENOS AIRES, Argentina, May 17 (IPS) - Half a century ago, the dominance of the United States dollar in the international finance and trade system was indisputable.
By 1977, the US dollar reached a peak of 85 per cent as the prevailing currency in foreign exchange reserves; in 2001, this position was still around 73 per cent. But today, it is at approximately 58 per cent.
Read the full story, “The End of Dollar Supremacy”, on globalissues.org →
Source:
Global Issues News Headlines
Comments (0)
Do you like the page?
Would you like to share the page with your friends?