Diversification of foreign exchange reserves, further reduction of dollar weighting|de-dollarization

Diversification of foreign exchange reserves, further reduction of dollar weighting|de-dollarization

Last April, the British newspaper "The Guardian" in a survey of 100 U.S. companies filed with the U.S. Securities and Exchange Commission found that the median net profit of these companies increased by 49%, which is engaged in oil, timber, wheat and other commodities trading companies with the highest profit growth. Oxford University economist Martin Schmalz said the potential consequences of soaring commodity prices, which affect the supply chain and ultimately consumers, are "huge and global.

At a time when inflation is exacerbating regional poverty and unrest, fiscal deficits are rapidly expanding in many Middle Eastern countries, making it difficult to move forward with established reform plans and trapped in a vicious cycle of debt servicing, financing and reform. Tunisia's current account deficit rises to 8.6% of GDP in 2022, affected by a sharp rise in imports. Tunisia's central bank said the country's trade deficit has deteriorated to the worst level in history.

US EconomyInflationUS bond yields

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