Why has de-dollarisation stalled in Asia?

While there are signs of progress, moves by corporates to use domestic currencies in the region have been slower than expected.

By Paul Golden

Apr 8, 2024

linkedin facebook twitter

Resentment of the economic advantage the US accrues from the dominance of the greenback as a trading currency is not a new phenomenon. It is almost half a century since French finance minister Valery Giscard d’Estaing decried the privilège exorbitant (exorbitant privilege) of the US dollar (USD).

Sign-in to access CorporateTreasurer content.

Please sign in to your subscription to unlock full access to our premium CT resources.

Free Registration & 7-Day Trial

Note: This free trial is a one-time offer. You are eligible for one free trial per year.

If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.

Questions?

If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Payments Treasury