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SWIFT confirms dollar's dominant role in global trade
In January 2025, the position of the US dollar in global trade strengthened. Dollar-denominated transfers exceeded 50% of all ...
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Dollar's share in SWIFT transfers surpasses 50% in January
The report emphasized that not all international transfers are carried out through SWIFT, which began cutting off Russian banks from its system in 2022 ...
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What Is a Wire Transfer and How Does It Work?
Before the rise of payment apps and digital wallets, wire transfers were a go-to payment method for customers who needed to ...