Member Spotlight
Dedollarization is not just geopolitics, economic fundamentals matter
Atlantic Council
|
Thu, Jan 25, 2024
Body
The Bretton Woods Committee is pleased to Member Spotlight a recent article by Hung Tran published by the Atlantic Council. The work discusses how emerging markets aim to reduce reliance on the US dollar in global transactions due to geopolitical concerns, with private firms influenced by incentives, such as cheaper renminbi financing, contributing to the dedollarization trend, highlighting the growing use of local currencies in cross-border payments.
To continue reading at
Atlantic Council
, click here.
Dedollarization is not just geopolitics, economic fundamentals matter
Atlantic Council | Thu, Jan 25, 2024
Body
The Bretton Woods Committee is pleased to Member Spotlight a recent article by Hung Tran published by the Atlantic Council. The work discusses how emerging markets aim to reduce reliance on the US dollar in global transactions due to geopolitical concerns, with private firms influenced by incentives, such as cheaper renminbi financing, contributing to the dedollarization trend, highlighting the growing use of local currencies in cross-border payments.
To continue reading at
Atlantic Council
, click here.