Pakistan, Feb. 8 -- For nearly eight decades, the United States dollar has served as the backbone of global trade, finance, and economic stability.
It has dictated the terms of international transactions, controlled the movement of capital, and given Washington an unparalleled advantage in influencing world affairs. However, a silent financial war is now underway, one that threatens to erode this monopoly and redefine the global economic order.
Emerging economies, particularly in Asia, Latin America, the Middle East, and Africa, are now actively working to reduce their reliance on the dollar, challenging a system that has long favored Western economic dominance. This movement, known as de-dollarization, is not simply an economic shift; ...
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