A ‘growing club’ of ‘very powerful countries’ is shifting away from the US dollar – think tank

A ‘growing club’ of ‘very powerful countries’ is shifting away from the US dollar – think tank
The US dollar’s status as the world’s major reserve currency, which it held for decades, could come under threat, according to Anne Korin from the Institute for the Analysis of Global Security.

“Major movers” such as Russia, China, and the European Union have a strong “motivation to de-dollarize,” Korin, the co-director at the energy and security think tank, told CNBC.

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