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 →
https://www.globalissues.org/news/2023/05/17/33809 [Collection]
No comments:
Post a Comment