It's 'nonsense' to suggest sanctions hurt the dollar - USD dominance has sent 'tinpot dictators' scrambling for alternatives

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A staff member counts US dollar cash at a bank in Hai 'an, Jiangsu Province, China, Sept 5, 2022.
A staff member counts US dollar cash at a bank in Hai 'an, Jiangsu Province, China, Sept 5, 2022.

CFOTO/Future Publishing/Getty Images

Argentina will pay for Chinese imports in yuan instead of dollars to preserve its shrinking greenback reserves

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dollar yuan
Argentina will pay for its Chinese imports in yuan instead of dollars to protect its greenback reserves.

Reuters/Petar Kujundzic

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