12 Jul 2023 | Financial Services | blogs
De-Dollarisation - Is the Greenback Losing its shine?
A new era dawns as the US Dollar's share in global reserves declined from 80% to 60% since 1960. This is followed by 6% slip against a basket of major currencies in the last 6 months. Amidst changing tides, geopolitical risks, market turbulence, and the rise of alternative digital tokens are challenging the supremacy of the dollar. Read Jasper Colin's Blog on De-dollarisation and will other currencies reign the Supreme?