De-Dollarisation: What Is It, Its Causes and Ramifications
- sehejkaursethi
- Nov 27, 2025
- 1 min read
Updated: Dec 1, 2025
28th July, 2025
For over 80 years, the U.S. dollar has been the bedrock of the global financial system. Its status as the global reserve currency of choice, succeeding the pound sterling, has awarded America significant geopolitical and economic leverage, allowing it to borrow cheaply to fund decades of vast deficit spending and wield powerful punitive sanctions against rivals and enemies. Its dominance is rooted in the power of American institutions, the stability of its politics, and its large and open free market. The age of the dollar, however, may be slipping away.
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