Tuesday, March 18, 2008

Numerous Countries Have Recently Dropped The Dollar as Their Reserve Currency

In the past couple of years, the following countries have stopped using the dollar as their reserve currency or have dropped their currency's peg against the dollar:
The following countries are rumored to be considering dropping the dollar as their reserve currency or terminating their currency's peg against the dollar:
As Assistant Secretary of the Treasury, and the "Father of Reagonomics", recently said: "The dollar’s reserve currency role is drawing to an end".

See also this article, this article, this report, this essay, this roundup, and this one.
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4 comments:

  1. Washingtons Blog3:30 PM

    Kindly point out additions or any inaccuracies in the list.

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  2. A. Magnus Publius7:49 PM

    Don't forget Venezuela, which not only is in the process of phasing the dollar out of its commercial transactions, but it is also engaging in straight barter deals with other Latin American nations in order to circumvent the need for dollar transactions.

    ReplyDelete
  3. Secrets of the Millionaire Mind10:02 PM

    and, being a clickbank affiliate, and earn my living via clickbank (at least partly), I'm concerned about the value of the dollar as well.

    I read a story recently about how american tourists in Amsterdam couldn't find places that would accept their dollars for Euro's.

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  4. William Bunker2:19 AM

    Hello. The dollar's currency role is coming to a end because of the self-destructive spending practices of the George Bush White House and no other reason whatsoever.

    I encourage you to examine my campaign to run for House of Representatives. If my policies were effected nationally we would return to being the world's leading currency.

    ReplyDelete