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dollar reserve currency

white-house-economist-warns-china-wants-to-weaken-us-dollar’s-reserve-currency-status-—-senator-says-biggest-threat-comes-from-within

White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within

In a congressional hearing, White House economist Jared Bernstein says there’s “some evidence” that China wants the U.S. dollar to lose its status as the world’s reserve currency. However, U.S. Senator Bill Hagerty stressed that the biggest threat to the USD dominance comes from within. China Wants to See U.S. Dollar Losing World’s Reserve Currency […]

White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within Read More »

strategists:-us-dollar’s-reserve-currency-status-eroding-at-‘alarming-pace’

Strategists: US Dollar’s Reserve Currency Status Eroding at ‘Alarming Pace’

Asset management firm Eurizon SLJ’s strategists have warned that the erosion of the U.S. dollar’s global reserve currency status has accelerated at an alarming pace in recent years, especially following the onset of the Russia-Ukraine war. They noted that the USD has declined 8% in one year, which is “equivalent to 10 times the average

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