In August, SWIFT, the global financial messaging service, revealed a significant change in global currency payments.
The U.S. dollar’s dominance within the SWIFT system has surged to a record-breaking 46%, while the euro’s usage has fallen to its lowest level in history. Join us as we explore the reasons behind this shift and its impact on the global economy. We’ll also discuss how geopolitical events, including sanctions and interest rate hikes, have played a role in shaping the currency landscape. Discover why the euro, once a strong global payment currency, has faced challenges in maintaining its position.
https://youtu.be/P_Y7nwUukbk?si=gMzJWsTVUuvomvt8