Apr 22, 2023
Global de-dollarization is the world right now going through this process of dumping the dollar or not? You would think this would be a straightforward question to be able to answer.
Yet at the exact same time, we can find data that contradicts all of this with the share of dollars in international transactions unchanged since the eighties, and the dollar index unchanged since the seventies.
Both the percentage and the number of dollars in foreign holdings both grew over time. So, is the world dollar rising or not?
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