The dollar faces an unprecedented "systemic risk", according to the central bank of central banks

The Bank for International Settlements has published a report warning about the delicate situation of the US dollar. According to it, the greenback is facing a "historic test of resilience".

Augustin Carstens, the outgoing president of the Bank for International Settlements (BIS), shared his vision of the global economy in a speech this weekend. According to him, the long-established economic order is wavering, with a dollar facing a major "systemic risk".

The central bank of central banks indeed believes that a "new era of uncertainty and increased unpredictability" has been triggered by the geopolitical conflicts currently shaking the world, as well as the economic decisions of US President Donald Trump.

"The outlook has since darkened. The announcement of widespread tariffs by the United States has caused a shockwave in the markets."#TrumpVsMusk $USDT