World Affairs in Context

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World Affairs in Context
US Dollar Has Lost 86% Of Its Value And Continues To Lose Its Global Hegemony To Chinese Yuan
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US Dollar Has Lost 86% Of Its Value And Continues To Lose Its Global Hegemony To Chinese Yuan

The value of the US dollar has dropped by 86% in the last 50 years. It is becoming increasingly clear that the future of the USD is in danger. Does the Chinese Yuan have any potential to dethrone it?

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Lena Petrova
Apr 01, 2023
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World Affairs in Context
World Affairs in Context
US Dollar Has Lost 86% Of Its Value And Continues To Lose Its Global Hegemony To Chinese Yuan
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Countries that have close trade relations with China have been methodically increasing their central bank reserves held in the Chinese Yuan. It’s a common known fact that the value of the US dollar h…

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