China / Economy / Trade

BRICS and Currency Diversification Challenge the DollarĀ 

Executive Summary   Introduction  Since the inception of global trade, there has always been a dominant, trusted currency used to facilitate transactions between parties to avoid the double coincidence of wants associated with bartering. The U.S. dollar (USD) has been the premiere global currency since the Bretton Woods Agreement of 1944 where it was crowned in … Continue reading