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A French bank was fined $9 billion by the United States because it routed Iran-France trade payments through US banks in dollars, violating American law (despit
by jumping_frog 2y ago
A French bank was fined $9 billion by the United States because it routed Iran-France trade payments through US banks in dollars, violating American law (despite the trade being legal internationally), demonstrating the power of the US dollar as the global reserve currency.
When Will De-Dollarization Happen? Explained by Kishore Mahbubani
https://youtu.be/k_9bU90gGmo?t=183 https://youtu.be/k_9bU90gGmo?t=183