Will the dollar remain the world’s reserve currency?
















































































































Will the dollar remain the world’s reserve currency? – Central <a class="wpil_keyword_link " href="/tax-refund-loans-the-bank-rate/" title="bank" data-wpil-keyword-link="linked">bank</a>


Bank of Russia sanctions raise questions about the central role of the US dollar

The United States and other developed countries imposed a series of sweeping financial sanctions on the Russian economy following Russia’s February 24 invasion of Ukraine. These effectively froze about 50% of the country’s $630 billion international reserve portfolio. Additionally, it has prevented some banks in the country from using the global Swift financial messaging system. The international assets of prominent businessmen and officials close to the Kremlin were also seized. In this way, the so-called

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