Sanctions may backfire on dollar, US Treasury secretary admits

Apr 17th 2023 8:04am EDT

Janet Yellen was asked by CNN what reaction ‘weaponization’ of the dollar may trigger globally The role of the US dollar as the world reserve currency may actually diminish due to the US using its leverage on the global financial system to pursue its geopolitical goals through sanctions, Secretary of the Treasury Janet Yellen has […]

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