People queue to withdraw US dollars from a Tinkoff ATM in a supermarket in Moscow, Russia, on March 3, as the value of the rouble plummeted. Photo: Zuma Press Wire/DPA
Opinion
Opinion
Macroscope
Sanctions on Russia’s central bank could undermine the US dollar for good
- If central bank assets are no longer inviolate, then countries, especially China, could finally be pushed into dumping reserve dollars and cutting dollar reliance in trade, finance and banking
People queue to withdraw US dollars from a Tinkoff ATM in a supermarket in Moscow, Russia, on March 3, as the value of the rouble plummeted. Photo: Zuma Press Wire/DPA
