‘Nothing Now’ That Can Replace US Dollar as Reserve Currency: Analyst

Don Ma
By Don Ma
April 18, 2024Business Matters
share

The dollar wasn’t always the go-to for reserve currency, but a new report by Morgan Stanley says the U.S. dollar’s dominant reserve currency status is likely to endure. It has been able to hold on to the spot in part because there have been no worthy alternatives. China’s yuan has been named as one option. We dive deeper into the dollar with senior analyst at FX Street Joseph Trevisani.

 

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments