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The Daily Hodl
2023-04-27 00:04:27

US Dollar Suffering ‘Stunning Collapse’, Losing Reserve Status Due to Currency Weaponization: Report

US Dollar Suffering ‘Stunning Collapse’, Losing Reserve Status Due to Currency Weaponization: Report

The US dollar’s global supremacy is reportedly eroding at an exponential rate, with countries backing away after witnessing how America used USD to impose sanctions against Russia. In a recent Bloomberg report, Stephen Jen and Joana Freire of asset management firm Eurizon SLJ Capital reveal that in 2022, the US dollar’s market share in global The post US Dollar Suffering ‘Stunning Collapse’, Losing Reserve Status Due to Currency Weaponization: Report appeared first on The Daily Hodl .

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