De-dollarization: the IMF predicted the future of the US dollar

02 May 2023, 10:59 | Economy
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In different countries, there is a gradual abandonment of the use of the US dollar. This was stated by the Managing Director of the International Monetary Fund (IMF) Kristina Georgieva, speaking at the Milken Institute in Washington, writes Fxstreet..

However, according to her, regarding the prospects for the global use of this currency, this topic is not of particular concern..

“De-dollarization is not on my list of comforts.. Indeed, there is a gradual abandonment of the dollar, but I do not see any alternative to it. At least not in the near future,” Georgieva said..



The IMF is more concerned about the banking sector.

“There may be more vulnerabilities in the banking sector,” Georgieva warned and noted that they see more problems with regulation and disclosure in the banking sector..

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It was reported that with a high probability the dollar will fall against the hryvnia. As experts predict, it may soon reach UAH 36.9-37.5. There are significant preconditions for this..




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