Photos of recent events: Three reasons to abandon dollar in...
The global financial community has long been talking about de-dollarization and a gradual move away from the greenback in international settlements. Nevertheless, the dollar remains the world's dominant currency, accounting for roughly 60% of global currency reserves. The US dollar has long been used as a global reserve currency, but now its dominance is in question. Many countries are gradually reducing their dependence on the greenback, opting for other currencies. Experts have outlined three reasons why international settlements may soon be abandoned