The Importance of Currency in Latin America

"The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to [the US government's] muscular use of sanctions", warn prominent financial analysts, as countries in the Global South create economic alternatives in an increasingly multipolar world. VIDEO: https://youtube.com/watch?v=9HnUpKal9A0 BRICS Bank de-dollarizing, promises 30% of loans in local currencies, new chief Dilma Rousseff says: https://geopoliticaleconomy.com/2023/04/15/brics-bank-dollar-local-currencies-dilma Countries worldwide are dropping the US dollar: De-dollarization in China, Russia, Brazil, ASEAN: https://geopoliticaleconomy.com/2023/04/06/dedollarization-china-russia-brazil-asean