We read this and to us it signals the need for a DEFINITIVE global digital currency that creates equilibrium for the markets. The dominance of our US dollar is slowly waning as since we replaced the British pound as the go to global currency after WW2 we have ruled the roost in having the dollar used for the exchange of goods and services in most places. But this posted upheaval in individual markets and the pegged interactive valuations of their indigenous currencies signals a brave new world in global finance beckons

by | Jun 28, 2023 | Banking and Finance, Breaking News, Crypto considerations, International insights

https://www.reuters.com/markets/currencies/age-crisis-leaves-worlds-big-currencies-out-sync-2023-06-28/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Reuters-Business&utm_term=062823