
Asia Accelerates Its Breakaway from the U.S. Dollar
Understanding the Shift: Asia’s Movement Away from the U.S. Dollar A significant transformation is underway in Asia’s financial landscape, particularly in Southeast Asia, where a deliberate migration from the U.S. dollar toward alternative currencies, chiefly China’s renminbi (RMB), is reshaping the region’s economic architecture. This shift signals not just a change in currency preferences but…