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without a viable alternative the dollar will remain the go-to safe haven in response to Russias annexation of Crimea and its role in the Ukrainian conflict the United States and other Western Powers have imposed sanctions on the country Mitri has claimed that the brics Nations have discussed the development of a singular digital currency for Global Commerce for the better part of contemporary times the US dollar has acted as the global Reserve currency consequently the dollar comprises the majority of global reserves and most trades across the world is transacted in dollars during turbulent times the demand for dollars skyrockets nevertheless recent headlines have hinted at the possibility of the Yuan rivaling the dollar Supremacy experts and politicians from all sides of the political Spectrum have started to ponder whether this could signify the start of the demise of the Dollars position as the global Reserve currency leading to the end of the United States Financial dominance for
