Israel’s Role In Weakening The Dollar

Since Russia's military campaign in Ukraine began on February 24, the US and its Western allies have imposed a slew of sanctions in an attempt to penalize Moscow for its conduct and cripple its economy. But they might have an unexpected ally in Israel's, as it is also playing a major role in weakening the dollar.

Israel's central bank has introduced the Chinese yuan to its reserves, which totaled more than $200 billion last year. This is the first time in a decade that Israel has made al...

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