November 23, 2024

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IMF Official: Countries Are Reevaluating Their Reliance on the US Dollar

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IMF Official: Countries Are Reevaluating Their Reliance on the US Dollar
IMF Official: Countries Are Reevaluating Their Reliance on the US DollarFirst Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the U.S. dollar. Gopinath explained that this originated in the recent shocks from the coronavirus pandemic, the geopolitical situation with Russia, and national security concerns. IMF Executive: Nations Examining Reliance on U.S. Dollar […]