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The widespread use of the U.S. dollar has been wielded to impose sanctions on various countries including Iran and Cuba revealing challenges to the dollar’s supremacy in the global financial system.

World bankDistrict of columbiaUnited statesSouth africaSaudi arabiaVaneesha dutraAlena douhanInternational monetary fundUs department of treasuryHoward universityHoward school of businessPhoto courtesyKritika pantCuban americansUnited statesd