Oireachtas Joint and Select Committees
Wednesday, 23 March 2022
Committee on Budgetary Oversight
Pre-Stability Programme Update Scrutiny (Resumed): Central Bank of Ireland
Mairead Farrell (Galway West, Sinn Fein) | Oireachtas source
Of course. The reasoning behind it is interesting in itself. It will be interesting to see how other countries would want the dollars. The US may even allow Venezuela in. It will be interesting to see. Hypothetically, leaving aside Russia and the situation in Ukraine, what of that whole move away from the dollar? That would be a really interesting development, as I am sure the witnesses will agree. I am not asking the officials to predict the future at all but what impact would that have, hypothetically? It would be such a departure.
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