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  • Reports of dollar's demise are greatly exaggerated, says JPMorgan

Published 20:16 IST, September 4th 2024

Reports of dollar's demise are greatly exaggerated, says JPMorgan

Washington's use of tough financial sanctions means Russia, China and other countries are building alternatives to the SWIFT bank-to-bank system.

Reported by: Thomson Reuters
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The dollar's share in total world liabilities is still on the rise | Image: Shutterstock
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20:16 IST, September 4th 2024