US Treasury admits sanctions threaten dollar hegemony ...News

Russia Today - News
US Treasury admits sanctions threaten dollar hegemony
Many countries are choosing alternative payment instruments and boosting non-dollar holdings within reserve assets, Janet Yellen acknowledged US sanctions are pushing many countries to seek alternatives to the dollar for settlements, Treasury Secretary Janet Yellen admitted during her annual appearance on Tuesday before the House Financial Services Committee to discuss the state of the international financial system. Asked about the risk of de-dollarization, Yellen acknowledged that the use of the dollar in the global economy is diminishing. “It’s not surprising that countries that are fearing they can be affected

Hence then, the article about us treasury admits sanctions threaten dollar hegemony was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US Treasury admits sanctions threaten dollar hegemony )

Apple Storegoogle play

Last updated :

Also on site :