Friday, November 22, 2024
Home > Eroding

US Dollar’s Reserve Currency Status Eroding at ‘Alarming Pace’ – Economics Bitcoin News

Asset management firm Eurizon SLJ’s strategists have warned that the erosion of the U.S. dollar’s global reserve currency status has accelerated at an alarming pace in recent years, especially following the onset of the Russia-Ukraine war. They noted that the USD has declined 8% in one year, which is “equivalent

Read More