Reserve Currency

latest news & developments

The dollar’s pre-eminence is a massive problem for developing economies such as South Africa, we do need another order – which may in fact be beneficial for the US itself. (Photo by Tom Stoddart/Getty Images)

Is this the end of the dollar as the world’s reserve currency?

The West’s actions against Russia since the war in Ukraine could signal an emerging new order that shuns the US for weaponising the dollar

Prabir Purkayastha