Currency: New Country Ditches The US Dollar
The world is now inching towards a new currency narrative. With the multipolar world taking over, the US dollar currently stands at a lethal threshold. In this wake, a new country has joined the growing list of nations ditching the US dollar, adapting the local currency concept with considerable ease. Also Read: Currency: Iran Calls For Unified Currency System To End US Dollar Ditching The US Dollar: A New Trend? Image Source: Pexels The US dollar has enjoyed decades of global prestige and supremacy. USD enjoys being crowned as the world’s reserve currency, ruling over the global economies. With the multipolar currency world taking over, calls are intensifying to prioritize local currencies, smashing away USD’s global repute. New nations are now coming forward to declare their intentions to move away from the dollar, adding more pressure on the USD. Afghanistan, a leading nation has now joined hands to ditch the US dollar, by conducting bilateral trade with Iran in local currency. Bo...