US Dollar May Lose Its Dominance If Nations Are Sanctioned, Warns Treasury Secretary Janet Yellen

Treasury Secretary Janet Yellen warned in a quote to CNN that the US dollar may lose its dominance if nations are sanctioned.

US Treasury Secretary Janet Yellen has said the economic sanctions imposed by the US on countries across the board have put the dollar's dominance at stake. As the US continues to plaster sanctions willy-nilly, targeted nations are seeking alternatives which puts the USD in jeopardy. 

"There is a risk when we use financial sanctions that are linked to the role...

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