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 Economists Anticipate Fed's Shift from Rate Hikes to Cuts READ MORE Citi Maintains $3,000 Gold Price Target READ MORE Goldman’s $2,175 Target READ MORE Elections and Political Uncertainty – Critical drivers of Gold Demand and the Gold Price READ MORE Silver Soars 2% on 'Double Bottom' Breakout, Eyes YTD Highs READ MORE Add a Comment Cancel replyYour email address will not be published.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