23 June 2024
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Changing World Order: De-Dollarization under Review
If we talk about history, post-World War II, with the 1944 Bretton Woods Agreement that pegged all international currencies to the dollar, which in turn was pegged to gold. Enshrined the dollar as the leading world currency for trade and reserves. And further made sure, via an agreement with Saudi Arabia in 1945, that oil…