Indonesia has introduced a de-dollarization task force to help promote the use of its Rupiah in bilateral transactions and diversify its risk from the greenback.
Most medium to large countries probably have something like this in the works, even if it’s quietly handled behind the scenes. It doesn’t matter if you are currently getting along with the US; a dependence on the US financial infrastructure is obviously a long term national security threat.
Most medium to large countries probably have something like this in the works, even if it’s quietly handled behind the scenes. It doesn’t matter if you are currently getting along with the US; a dependence on the US financial infrastructure is obviously a long term national security threat.