De-Dollarization

The shift towards national currencies and a multipolar world is here to stay, says Lillie Ferriol Prat, a research assistant at the South African DUT BRICS Research Institute.

EghtesadOnline: After Iran, Russia and Turkey, three regional allies hit by US sanctions, discussed a possible replacement of the US dollar by national currencies last week, business figures in Iran are now weighing in on the degree the plan can be implemented with success.