De-dollarisation: Elbowing US$ in a Multipolar World

WHETHER the dollar will cease to be a reserve currency within the following N number of years hinges on several factors, including the outcomes of military operation in Ukraine, the state of affairs in Taiwan, or even in Latin America — the United States' (US) own backyard. However, the process of de-dollarisation has started.

Throughout history, the US has often attempted to resolve its economic issues through military interventions across the globe.