Visualizing The De-dollarization Of The Global Economy

Visualizing The De-dollarization Of The Global Economy

OilPrice.com

Published

The U.S. dollar has dominated global trade and capital flows over many decades. However, as Visual Capitalist's Bruo Venditti details below, many nations are looking for alternatives to the greenback to reduce their dependence on the United States. This graphic catalogs the rise of the U.S. dollar as the dominant international reserve currency, and the recent efforts by various nations to de-dollarize and reduce their dependence on the U.S. financial system. The Dollar Dominance The United States became, almost overnight, the leading…

Full Article