The Federal Reserve Bank of the United States uses gold as legal tender. In the 35 years after World War I, the gold standard system promoted the vigorous development of the American economy and was also called the "gold standard" by the United States. Golden age? After the outbreak of World War II, the U.S. Treasury made another profit in the war.
Just bring it up? White plan? And then what? Keynesian plan? White plans to abolish foreign exchange control and maintain the circulation of US dollar, fund currency and gold. Keynes plans to establish a world-wide central bank through which international deposits and loans can be made.
Driven by these two plans, from 1.45 1 billion dollars in 1948 to 1.945, when the war ended, America's gold reserve has reached 20.08 billion dollars, making the United States a leader in the capitalist world and the US dollar an international central currency. However, with the depreciation of the dollar and the rise of great powers,
The Middle East has always fought around oil, and most of the oil in the United States also comes from the Middle East. In order to control the economy in the Middle East, crude oil exports were converted into dollars. However, with the economic sanctions imposed by the United States on the Middle East, the economic losses of crude oil exports in the Middle East countries are too great.
Iran is one of the major economies in Asia, mainly based on oil exploitation, and its oil export volume ranks second in the world. Due to the emergency sanctions imposed by the United States on Iran, Iran's economy dependent on oil exports was severely hit, and SWIFT cut off the settlement service of the Iranian central bank.
In response to economic sanctions, Iran directly announced that it would officially use RMB as foreign trade currency to replace the status of the US dollar, and announced that it would issue digital currency anchored by oil and gold to bypass the settlement service of the US dollar. At the same time, in order to make the domestic economic market develop normally, 300 million euros were repatriated from Germany.
Although the United States imposed economic sanctions on Iran, Iran also said that the new round of sanctions by the United States will not affect the growth of Iran's mining and metal industries, which shows that most of Iran's commodities have been exported by detour, and Iran's trend has also affected the pattern of the US dollar.
The governor of the Bank of England also proposed to re-create a global currency to lower the status of the US dollar in the world. Many countries even plan to create cryptocurrencies to replace the dollar. This economic reform will become a feat of international currency trading.
Iran's use of RMB is also promoting the development of RMB. This change may make the RMB enter the international stage.