An analysis by economist Madan Sabnavis said de-dollarisation is unlikely in the short to medium term, citing the dollar’s dominance in reserves, trade settlement and global finance. It argued alternatives like the yuan, BRICS currency or crypto lack viability, while structural advantages and US economic leverage continue to reinforce the dollar’s global primacy.
De-Dollarisation Unlikely Soon As US Dominance, Tariff Threats Keep Dollar As Global Anchor Currency
