iBanFirst Forecast: How will the De-Euroization and the rise of the Chinese Yuan impact Romanian trade companies
Monday, November 20, 2023
The euro’s share in international payments fell from 38% to 23%, while the US dollar remains strong with a 42% share. This reflects the changes in Europe’s energy sector, reduced intra-European trade and the declining competitiveness of European companies. The de-euroization trend may ...