Asian Economies Shift Away from US Dollar

Asian economies are shifting away from the US dollar, with euro-denominated bond sales surging to a record twenty-three percent of all currency issuance. This trend, driven by strategic motives and shaken investor confidence in the dollars strength, is expected to continue, with Asian borrowers euro issuance projected to climb to one hundred twenty-five billion dollars in two thousand twenty-six.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.