De-dollarisation - a threat to the US

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Published on: Jun 29, 2023
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De-dollarisation refers to countries reducing reliance and replacement of the U.S. dollar by other currencies as the global reserve currency. The global de-dollarization campaign is gaining momentum, as countries around the world seek alternatives to the hegemony of the US dollar. De-dollarization can have both positive and negative impacts on the United States.


China, Russia, Brazil, India, ASEAN nations, Kenya, Saudi Arabia, and the UAE are now using local currencies in trade. On the positive side, de-dollarization can increase financial stability by reducing the dependence of other countries on the U.S. dollar, which can make them less vulnerable to fluctuations in the U.S. economy. Additionally, de-dollarization can encourage countries to diversify their reserve currencies, which can lead to a more stable international monetary system.

On the negative side, de-dollarization can reduce the demand for U.S. dollars, which can lead to a decline in the value of the dollar and increase the cost of borrowing for the United States. Additionally, if other currencies such as the euro or the Chinese yuan gain in popularity as an alternative to the dollar, it could erode the U.S. role as the dominant global economic power and diminish its ability to influence international economic policies.

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    ಹಬ್ಬಕ್ಕೆ ಚಂದವಾದ ತೋರಣ || Thorana designs || How to make Thorana decorations || Kannada sanjeevani

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  • Easy Treatment For Dark Areas With Affordable Products

    Easy Treatment For Dark Areas With Affordable Products

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    Easy Treatment For Dark Areas With Affordable Products

    By Beauty with Sumu| 971589 views

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  • Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात

    Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात

    #gyanvapicase #uttarpradesh #varanasi #policealert #jummah #Friday prayers
    Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात
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    Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात

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  • BJP MLA Ganpat Gaikwad ने Eknath Shinde Shiv Sena Leader Mahesh Gaikwad को थाने के अंदर मारी गोलियां

    BJP MLA Ganpat Gaikwad ने Eknath Shinde Shiv Sena Leader Mahesh Gaikwad को थाने के अंदर मारी गोलियां

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    गोलियों की तड़तड़ाहट... भागते... जान बचाते लोग.... बीजेपी नेता की आंखों में खून सवार... ये वीडियो कहीं और का नहीं बल्कि बीजेपी के नेतृत्व में बनी एकनाथ शिंदे सरकार के महाराष्ट्र राज्य का है... गोलियां मारने वाला कोई और नहीं बल्कि मौजूदा विधायक और बीजेपी का प्रतिष्ठित नेता है... सत्ता की हनक ऐसी कि थाने के अंदर गोलियां दाग रहा है...

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    BJP MLA Ganpat Gaikwad ने Eknath Shinde Shiv Sena Leader Mahesh Gaikwad को थाने के अंदर मारी गोलियां

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    Manali Himachal Pradesh | टूरिज्म इंडस्ट्री में खुशी,जन-जीवन अस्त-व्यस्त, मनाली में भारी बर्फवारी

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    Bikaner News | लोकसभा चुनाव को लेकर कांग्रेस की तैयारी, कार्यकर्ताओ से पार्टी प्रभारी ने की चर्चा

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  • आज आएगा UP का Budget, Budget पेश करने से पहले होगी Yogi Cabinet की Meeting | UP Budget 2024-25

    आज आएगा UP का Budget, Budget पेश करने से पहले होगी Yogi Cabinet की Meeting | UP Budget 2024-25

    #UPBudget2024 #YogiAdityanath #SureshKumarKhanna

    आज आएगा UP का Budget, Budget पेश करने से पहले होगी Yogi Cabinet की Meeting | UP Budget 2024-25

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    आज आएगा UP का Budget, Budget पेश करने से पहले होगी Yogi Cabinet की Meeting | UP Budget 2024-25

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