The United States is undermining global trust in the dollar and risking the currency's decades-long primacy, potentially causing a fragmentation of the international monetary system, experts said during a discussion at the Peterson Institute for International Economics in Washington.
US dollar exodus to unleash $3.2 trillion 'avalanche' of selling, currency analyst says
Taiwan currency’s surge a ‘warning shot’ for Asia’s de-dollarisation: analysts
Is the Trump administration’s hostility pushing the region away from a staple of American power?
The New Taiwan dollar’s recent surge, along with the appreciation of other Asian currencies, suggests a deepening of regional de-dollarisation as investors rethink their investments in the US currency amid Washington’s “extremely predatory” behavior towards foreign countries, analysts said.
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