αποδολαριοποίηση → dedollarization, dedollarisation

spiros

  • Administrator
  • Hero Member
  • *****
    • Posts: 833892
    • Gender:Male
  • point d’amour
δολαριοποίησηdollarization
αποδολαριοποίηση → dedollarization, dedollarisation

Dedollarisation is a process of substituting US dollar as the currency used for:

Trading oil and/ or other commodities (see Petrodollar)
Buying US dollars for the forex reserves
Bilateral trade agreements
Dollar-denominated assets
Since the establishment of Bretton Woods system, the US dollar is used as the medium for international trade. In recent years, several countries are transitioning to trade in national currencies.
Dedollarisation - Wikipedia


 

Search Tools