The U.S. dollar is the world’s primary reserve currency, and it is also the most widely used currency for trade and other international transactions. However, its hegemony has come into question in recent times due to geopolitical and geostrategic shifts. As a result, de-dollarization has increasingly become a substantive topic of discussion among investors, corporates and market participants more broadly.
What are the potential implications of de-dollarization, and how is it playing out in global markets and trade?