Talk of de-dollarization has been gaining momentum among China, India, Brazil, Russia and South Africa in the wake of significant US led sanctions on Russia. Former US President and candidate Donald Trump has said the currency is under attack — and that any country that shuns it would face new tariffs on imports if he is elected.

On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Saleha Mohsin about the unique role the dollar plays in the world economy — and what, if anything, could replace it.

Read more: The Dollar’s Dominance, Explained

Further listening: Odd Lots Podcast – How the US Dollar Became an International Weapon of War

Talk of de-dollarization has been gaining momentum among China, India, Brazil, Russia and South Africa in the wake of significant US led sanctions on Russia. Former US President and candidate Donald Trump has said the currency is under attack — and that any country that shuns it would face new tariffs on imports if he is elected.
On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Saleha Mohsin about the unique role the dollar plays in the world economy — and what, if anything, could replace it.
Read more: <a href="https://www.bloomberg.com/features/usd-strong-dollar-dominance/">The Dollar’s Dominance, Explained </a>Further listening: <a href="https://www.bloomberg.com/news/articles/2024-03-18/saleha-mohsin-on-how-the-us-dollar-usd-became-a-weapon-of-war">Odd Lots Podcast – How the US Dollar Became an International Weapon of War</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Could the Chinese Yuan Ever Replace the US Dollar?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0188fae4-3bf2-4397-a094-b1f501550588/transcript

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