The Dollarisation Debate: US Treasury Opposes Shared Seigniorage Proposal

NEWS

WASHINGTON DC--The US debate on the dollarisation of other countries has set bankers against the US Treasury, as legislation aimed at making the adoption of the dollar easier finds its passage blocked.

Backers of the legislation believe it will encourage greater fiscal discipline in countries adopting the dollar as their own, as well as opening new trade opportunities for US companies.

It would also allow unofficially dollarised countries, such as Argentina, to financially benefit from

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: