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Showing posts with the label de-dollarization

De-dollarization Doesn’t Mean Dollar Death: Here’s What’s Real

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There is no denying that the US dollar has garnered substantial distrust over the last two decades. The list of countries opting to conduct mutual trade in local or alternative currencies grows every day. The de-dollarization movement has found significant subscribers, even among US trade partners. However, the de-dollarizing agenda may not mean the end of the greenback. First, let’s discuss why countries are moving away from the dollar, and then we will discuss why it may not spell doom for the greenback. What’s Pushing Nations Away From The USD? Source: Watcher.Guru The de-dollarization movement found a strong footing not just because of a growing distrust of the US dollar. There are several reasons why global central banks may want to reduce their dependency on the USD. Firstly, central banks around the world most likely want to diversify their holdings. The rising US debt is causing substantial worry among economic experts. BlackRock CEO Larry Fink also highlighted his c...

Belarus Expands Local Currency Usage In A Major De-Dollarization Shift

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In a major de-dollarization scenario, Belarus has now joined the growing spree of nations moving away from the US dollar. The nation has openly stated how it has decreased its dependence on the dollar, while its economy continues to bank on the Belarusian ruble for future transactions and trade. Also Read: Belarus Wants Banks To Use Cryptocurrency To Escape Sanctions Belarus’s New Currency Shift Source: Bloomberg Belarus is experiencing a surge in de-dollarization activities, as confirmed by its president, Aleksandr Lukashenko. Lukashenko, in a meeting with the management of Belarus’ National Bank and heads of commercial banks on 9 September, shared that the US dollar share in Belarus has plunged gradually, with the country favoring its own currency, the Belarusian ruble, to conduct the majority of its transactions. “The de-dollarization of the economy is proceeding at an accelerated pace. The share of the ruble component in the broad money supply has increased from 41% in Decembe...

70+ Nations Use These 3 Ways To Abandon USD, Spurring De-Dollarization 

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De-dollarization is not a buzzword anymore. In 2025, de-dollarization is fueling multiple narratives, evolving into a full-fledged phenomenon, a force to reckon with. Years of constant US dollar weaponization and relentless sanctioning have led the world to unite forces to forge elements that can truly debase the USD, ending their dependence on the US dollar. 70+ countries have now vowed to end their reliance on the American currency while popularly making use of these three methods. Also Read: J.P. Morgan: BRICS De-Dollarization Will Trigger US Borrowing Spike How Are 70+ Countries Ditching the US Dollar? 1. By Strengthening Regional Payment Setups Regional blocs like ASEAN have now formulated a new narrative, a style that promotes the establishment of sturdy regional payment setups. These centers are powered by connecting local/regional banks together, allowing the conduct of trade in simple local currency narratives. “The central banks of the Philippines, Indonesia, Malaysia, Singap...

De-Dollarization Accelerates As US Dollar Becomes 'Toxic', Expert Warns

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The US dollar has become increasingly toxic in global markets, and this reality is forcing countries around the world to seriously rethink their financial strategies right now. One of the most prominent economists in Russia has said that the dollar is now weaponized to the extent that global countries are scurrying around to seek alternative options and that this is already transforming foreign exchange reserves and currency diversification policies as well as global trade patterns in a manner and extent never experienced in the past. Also Read: De-Dollarization Gains Momentum: 50+ Countries Abandon US Dollar Dominance US Dollar Toxic Impact, De-Dollarization, Currency Diversification, And Trade Source: Watcher.Guru Expert Sounds Alarm on Dollar’s Political Weaponization Sergey Glazyev, commissioner at the Eurasian Economic Union and a commissioner of integration and macroeconomics is not beating around the bush in voicing his opinion about how bad Western currencies are doing at ...

Morgan Stanley Predicts US Dollar Drop to Pandemic Lows

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Morgan Stanley has issued a stark warning about the US dollar, predicting a significant drop that could push the currency to levels not seen since the pandemic. The investment bank’s strategists have spearheaded Analysis forecasting a 9% decline in the US Dollar Index over the next 12 months, which would bring it down to around 91. Anticipated Federal Reserve rate cuts of 175 basis points are accelerating this potential dollar crash, and it’s already creating substantial market volatility across various major global financial markets. Also Read: De-Dollarization Changes Trade Rules: 40+ Countries Ditch US Dollar Dollar Crash Driven by Aggressive Fed Policy Source: FT montage / Bloomberg Fed Rate Cuts Trigger Currency Decline Right now, the US Dollar Index has already taken quite a hit, and it’s fallen more than 10% from its mid-January highs of nearly 110. Those peaks came right around President Donald Trump’s inauguration, and since then, Morgan Stanley believ...

How the US Dollar Can Maintain Its Global Supremacy

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The US dollar is facing its toughest test lately as de-dollarization is advancing around the globe. Several alliances are rewriting trade deals to settle cross-border transactions in local currencies and not the US dollar. Emerging economies are looking to uproot America’s dominance in the world’s financial structure. Also Read: US Dollar Plummets, Bessent Claims US ‘Will Never Default’ While the US dollar is still the dominant currency, the threat to its hegemony is real and must not be taken for granted. Nipping the de-dollarization agenda in the bud could make America’s authority continue well into the next decade. The White House must take these necessary steps to maintain the US dollar’s global supremacy. What Should the US Dollar Do to Maintain Its Global Supremacy? Source: Freepik.com First and foremost, the White House and the Feds must forget foreign countries and focus on maintaining macroeconomic stability in the homeland. This means that they need to ...

India Rejects BRICS De-Dollarization: "Absolutely No Interest"

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BRICS de-dollarization plans have, at the time of writing, hit a major roadblock as India dollar rejection has become quite apparent. Indian officials have declared, in no uncertain terms, “absolutely no interest” in currency substitution initiatives that would, in any way, undermine the United States dollar position, and this has created some tension within the expanding Global South alliance and also raised questions about the future of the group’s currency plans. Also Read: Pi Coin Faces 40% Crash Risk: Will $0.70 Hold Through May 25, 2025? BRICS Currency Plans Stall As Key Member Backs United States Dollar Source: AFP The ongoing disagreement over BRICS de-dollarization has exposed some growing divisions within the Global South alliance, with Russia and China actively pushing for alternatives while India dollar rejection continues to maintain support for the current United States dollar as the global reserve currency system. Source: Watcher Guru Indian Officials E...

US Dollar Future: JP Morgan Flags New De-Dollarization Warning

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De-dollarization is accelerating according to JP Morgan’s latest Analysis , as the banking giant warns that weaponized sanctions are steadily undermining confidence in the US dollar as the global reserve currency. For the first time in many years actually, US stocks, bonds, and also the dollar have all declined simultaneously—a rare and concerning signal that investor confidence in US market leadership is shifting dramatically due to this de-dollarization trend. Also Read: Nvidia Rewires H20 Chip to Bypass China Ban: NVDA Stock Set to Rebound? How JP Morgan’s Forecast Reveals The Global De-Dollarization Trend Source: Watcher Guru Dollar Reset Underway JP Morgan’s latest forecast indicates that the US dollar’s longstanding overvaluation is finally unwinding, with a potential 10-20% decline against major currencies such as the euro and Japanese yen. This significant de-dollarization movement coincides with foreign investors dramatically reducing their US stock infl...

De-Dollarization: Why India Won't Ditch The USD, But China May

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The de-dollarization movement has taken substantial hold in recent years. The BRICS bloc of nations has spearheaded the search for an alternative to the US dollar. China, in particular, has pushed for the yuan as a replacement. While sentiment around the USD has dimmed, there are very few alternatives that can take its spot. Also Read: Putin Gifts Trump Painting & Proposes Ceasefire—Could a US-Russia Axis Trigger Re-Dollarization or De-Dollarization? Why India Does Not Back The De-Dollarization Movement Source: Bloomberg India has stated that it has no intention of moving away from the US dollar. According to India’s External Affairs Minister Dr. S. Jaishankar, the nation is not pushing for de-dollarization or a BRICS currency. Jaishankar has also highlighted the role of the USD in global stability. According to the ex-Reserve Bank of India Governor, Shaktikanta Das, ” Regarding the dollar and de-dollarization, as far as India is concerned, we have not taken any step. .....

Goldman Sachs: U.S. Dollar Has Much Further to Fall

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Goldman Sachs’ predictions about the U.S. dollar fall are pointing to a continuing downward trajectory as the greenback tumbles in global markets. The dollar has already plummeted over 8% this year against major currencies, with April alone seeing a 4.5% drop – the steepest monthly decline since late 2022. This dramatic fall has, at the time of writing, sparked serious concerns about a potential dollar crisis in 2025 and also raised questions about whether foreign investors will continue abandoning U.S. assets amid the ongoing U.S. economic slowdown. Goldman Sachs chief economist Jan Hatzius stated: “With all due humility, I believe that the recent dollar depreciation of 5% on a broad trade-weighted basis has considerably further to go.” Also Read: Treasury Secretary Bessent Says “India Might Be One of First Trade Deals We’ll Sign” Why U.S. Dollar Forecast 2025 Warns Of Crisis And Foreign Sell-Off Source: Getty Images The U.S. dollar’s declining trend according t...