Published: May 06, 2026, 11:23 IST | Updated: May 06, 2026, 11:23 IST
The U.S. and China may be clashing over tariffs, sanctions, and market access, but the real battle is playing out quietly in currency markets. At the heart of it is a growing push toward de-dollarisation, a slow but steady attempt to reduce the world’s dependence on the U.S. dollar.