Tag: erode

Russia’s yuan adoption could erode greenback dominance, EBRD suggests By Investing.com

© Reuters. Within the wake of the continuing Ukraine conflict and subsequent sanctions, Russia's adoption of the may doubtlessly undermine long-term greenback dominance, in response to Beata Javorcik, Chief Economist on the...

Further China support for Russia – wants to erode dominance of USD

South China Morning Post with the article:(may be gated)In summary: Some Chinese advisers are urging the government to overhaul the exchange rate regime and turn the yuan into an anchor...

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