Abstract:
The world is edging toward a financial storm with few safe harbours in sight. What began as warnings about “the end of America’s exorbitant privilege” has become front-page news. The dollar’s dominance - long seen as unassailable - is now under real strain as global investors, central banks, and even US allies start hedging against a post-dollar world.
Citation:
Snower, D. J. (2025, November 3), 'Expert comment: Is the dollar’s dominance crumbling?', University of Oxford, https://www.ox.ac.uk/news/2025-11-03-expert-comment-dollar-s-dominance-crumbling