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De-Dollarization: 9 Countries Ditch the US Dollar

De-Dollarization: 9 Countries Ditch the US Dollar

Published:
2025-04-17 07:25:02
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De-dollarization is gaining momentum as countries seek alternatives to the US dollar for international trade. Nine nations have formed alliances and agreements reducing dollar dependence, potentially signaling the end of dollar dominance in global finance. Russia and Iran have officially abandoned the dollar amid ongoing Western sanctions, leading the de-dollarization movement. China’s central bank is also involved in this global currency shift.

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