November 23, 2024

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Analysts: Confiscation of Russian Assets in the US Would Supercharge De-Dollarization

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Analysts: Confiscation of Russian Assets in the US Would Supercharge De-Dollarization
Analysts: Confiscation of Russian Assets in the US Would Supercharge De-DollarizationAnalysts are pondering the effects of the approval of the Rebuilding Economic Prosperity and Opportunity (REPO) Act by the U.S. House. The execution of seizures for over $6 billion of Russian assets held in U.S. institutions would “supercharge” the de-dollarization efforts of several nations. This is due to the possibility of having their assets seized […]