The weaponisation of the dollar: policy options for small countries

Sen, J. (2019). The weaponisation of the dollar: policy options for small countries. (Strategic Updates August 2019). LSE IDEAS, London School of Economics and Political Science.
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The decision by the Trump administration to withdraw from the Iran deal and to amplify its sanctions regime against Iran has demonstrated how a relatively unused and untested tool available uniquely to the US: the dollar as a currency, together with the infrastructure of the global payments system, is being weaponised.

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