Krasnodar, 9 October – Yug Times. Positions of the American dollar have staggered globally, and some national leaders have begun to refuse to acknowledge its dominating position, Bloomberg announced last week. Its experts noted that for the time being the USA retains world leadership at the markets, because USD remains in demand. However, the question is how to preserve dollar as a highly sought-after currency. It may be dome by maintaining the diplomatic contacts, maintaining the availability of dollar for American trade partners, and refusing to use dollar as a ‘baton’ against other countries.
At the same time, Bloomberg states that the world has begun to gradually get rid of USD. In particular, Russia is reducing its dollar assets, and China has started to sign contracts in the power market in yuan.
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