Economy Blogs

The Impact of De-dollarisation: What Happens If the Dollar Loses Reserve Status?

In recent years, there has been growing speculation about the potential consequences of de-dollarization, a process in which countries reduce their reliance on the US dollar as the global reserve currency. As a global economic powerhouse, the United States has enjoyed the benefits of having its currency serve as the primary medium of exchange in international trade and finance. However, if the dollar we...