Managing dollar weaponisation

Managing dollar weaponisation

The Star Online - Business·2023-04-27 08:02

The Federal Reserve’s (Fed) aggressive stance on inflation fighting and recent extraordinary steps to stem contagion in regional banks turmoil through increasing the amount of US dollar in its banking system as well as increase the use of US dollar swap lines among central banks to boost the flow of dollars within global financial markets, will likely buttress the dollar’s dominant position.

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