De-Dollarization: A Gradual Shift from US Currency Control The US dollar’s role as the global reserve currency is being challenged due to its use as a financial tool against countries like Russia and Iran. This has motivated nations, including the BRICS, to seek alternatives to the dollar, such as new international currencies and diversifying trade currencies, particularly in oil. While the shift away from dollar dominance is underway, a complete transition could take decades. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Russian Crude Exports Hit Seven-Month Low Amid OPEC+ Compliance READ MORE BofA Predicts Market Gains with Focus on Bonds, Gold, and Undervalued Stocks READ MORE Oil Prices Decline with Biden's Withdrawal and Fed Rate Cut Prospects READ MORE The CPI Metric That’s Lower Today Than It Was in 1800 READ MORE Investors Eye Fed's Next Moves as Gold Prices Soar to New Heights READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment