Dollar's decline is accelerating in the global system. The depreciation of the dollar against major currencies is impacting international trade.

The dollar index fell over 11% in the first half of this year, reaching 97. This situation weakens investor confidence in the dollar.

China maintains a tight link between its currency, the yuan, and the dollar, making its export prices competitive. BRICS countries are also accelerating their efforts to move away from the dollar.

Christine Lagarde, President of the European Central Bank, indicated that the weakening of the dollar could allow the euro to take on a larger role in the international system.

The dollar's decline provides significant relief for developing countries. Countries like Turkey, Egypt, and Colombia are among the economies benefiting the most from this situation.