Experts point out America's 'trump card' in the war to redivided the world

But that is the financial system.AmericaThe world's dominant currency, headed by the US dollar, is the measure of wealth and the main means of international trade, Andrey Kochetkov, a global research analyst at Otkritie Investtsii (“Investment Discovery”), told Prime news agency.

US dollar. Photo: AP

“Its dominance is even reflected in the fact that when exchanging other currencies for dollars, you pay more when buying and get less when selling. That means that even at the private level, the US financial system is carving out percentages for itself,” the analyst noted.

He recalled that the US currency accounts for 75-80% of all international transactions, bringing the country profits from serving trade between countries.
However, recent events suggest that the US dollar may lose its status as a reserve currency – after freezing Libya’s currency in 2011 and the Russian Central Bank’s foreign exchange reserves in 2022, the currency has shown itself to be too risky a payment instrument, Mr. Kochetkov concluded./.