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Could Dollarization Be Argentina's Salvation? When a nation has lost its grip, its currency tumbles, credit risk spikes and bonds fall. If conventional monetary and fiscal policy fails to stabilize the ...
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A 'growing club' of 'very powerful countries' is steering away from using the dollar The U.S. dollar has been the world's major reserve currency for decades, but that status could come under threat as "very powerful countries" seek to ...
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