SWIFT Data Shows Despite De-Dollarization Push, US Dollar Is Still the King of International Settlements


us dollar internastional settlements de-dollarizationThe share of the U.S. dollar usage for international payments has risen to 42.71% in April, despite the push of some countries towards de-dollarization. The dollar remains the most used currency in international settlements, with the euro taking second place according to data from the Society for Worldwide Interbank Financial Telecommunications (SWIFT). U.S. Dollar is […]