BUSINESSJul 14 · 00:00 UTCSCMP CHINASylvia Ma

Dollar risks rising but Plaza Accord-style coordination not feasible now: ex-IMF adviser

A former IMF adviser states that Plaza Accord-style exchange-rate coordination is no longer feasible due to central banks prioritizing domestic objectives, complicating the transition to a multipolar international monetary system. Concerns over the dollar's rising risks and the dollar-centred monetary system are highlighted.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Barry EichengreenpersonInternational Monetary FundorganizationPlaza AccordtopicDollartopiccentral bankstopicmultipolar international monetary systemtopic

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