Member Spotlight
Understanding the Growing Use of Local Currencies in Cross-Border Payments
Atlantic Council
|
Fri, Aug 25, 2023
Body
BWC member Hung Tran writes that "bilateral cross-border arrangements do not constitute a threat to the premier position of the USD..." nevertheless they create "substantial costs in terms of lost economic efficiency and risks to financial stability..."
To continue reading at
Atlantic Council
, click here.
Understanding the Growing Use of Local Currencies in Cross-Border Payments
Atlantic Council | Fri, Aug 25, 2023
Body
BWC member Hung Tran writes that "bilateral cross-border arrangements do not constitute a threat to the premier position of the USD..." nevertheless they create "substantial costs in terms of lost economic efficiency and risks to financial stability..."
To continue reading at
Atlantic Council
, click here.