Dollar losing reserve status at ‘stunning’ pace – Eurizon CEO

Apr 20th 2023 6:39am EDT

The sanctions on Russia are a driving force behind the ongoing de-dollarization, Stephen Jen has said Western sanctions against Russia have accelerated the move away from the US dollar worldwide, Stephen Jen, the CEO of London-based asset management company Eurizon, warned on Tuesday. The dollar’s share in global reserves fell ten times faster last year […]

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