Geopolitical Economy Report cover image

How the BRICS Bank is resisting US financial domination

Geopolitical Economy Report

00:00

The Decline of the US Dollar

The US Dollar is still the most popular by far currency used for investments. Central banks around the world hold their foreign exchange reserves in US Dollar-denominated assets like Treasuries, which are historically a relatively secure investment. We're already seeing the use of many different currencies in regional trade between Russia and Iran, Russia and India, Russia and China.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app