Death of dollar rumors ‘no exaggeration’ – ex-White House adviser ...News

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The growing use of national currencies by BRICS countries is likely to speed up de-dollarization, economist Joe Sullivan says The US dollar is facing a growing challenge from BRICS countries due to the bloc’s planned expansion and efforts to boost the use of national currencies in trade among members, according to Joe Sullivan, a former special adviser on the White House Council of Economic Advisers. In an article for Foreign Policy magazine published earlier this week, Sullivan suggested that BRICS is likely to strip the dollar of its hegemony over global trade even if it doesn’t have a single currency. BRICS cur

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