HomeNewsOpinionThe Eastern Window: Why so many countries are losing faith in the dollar

The Eastern Window: Why so many countries are losing faith in the dollar

Saibal Dasgupta • September 04, 2023 / 09:29 IST

Political leaders controlling five different currencies are trying to not just reduce their reliance on the US dollar but also look for alternative trading mechanisms. It may not be easy to shake off the dollar’s dominance both as trading and reserve currency. But determined and strongly motivated efforts are being made to dislodge it

The dollar has survived many challenges and continues to dominate the world stage.

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