In France, it was told who would benefit from the crisis in Ukraine

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MOSCOW, April 21 – RIA Novosti. The crisis in Ukraine will force the world to abandon the hegemony of the dollar, strengthening the position of the yuan at the international level, such opinion in an interview with Le Monde expressed French economist, scientific advisor to the Paris Center for Advanced Studies and International Information Michel Aglietta.

As the expert noted, in the period from 2001 to 2021, the share of the dollar in world currency reserves decreased from just over 70 to 59 percent. “The weight of the yuan in them is still limited, but it is growing rapidly, because many countries – especially Asian ones – are trying to leave the zone of Western influence” – he explained, expressing the opinion that, sincerely, the events of the day Ukraine it will have to accelerate “the rise of the yuan internationally and the loss of dollar dominance”.

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Алексей Гармаш
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