(Bloomberg) — Dethroning the dollar is easier said than done. Most Read from Bloomberg That’s the conclusion of investors after Washington’s freeze of Russia’s dollar holdings created fresh impetus among central bankers to rethink the security of access to foreign-exchange reserves. The move fueled speculation that countries such as China could redouble efforts to unshackle itself from greenback-denominated financial systems and look for alternatives. While Goldman Sachs Group Inc. and… Source link
Read More »Usurping Dollar’s Dominance Over World Is a Near Impossible Task
