Suchergebnisse
6. Juli 2024 · Wolf Richter: Status of US Dollar as Global Reserve Currency: Central Banks Diversify from USD-Assets to Other Currencies and to Gold. July 1, 2024. Long, slow erosion of the US dollar’s dominance. China’s renminbi keeps losing ground, many other currencies gain, as does gold. Guest post from Wolf.
- It's Coming
Tracking de-dollarization in real time, covering precious...
- Monetary Policy
Fortunes will soon be made (and saved). Subscribe for free...
- Privacy Policy
Your privacy is very important to us. We want to make your...
- It's Coming
6. Juni 2024 · ORLANDO, Florida, June 6 (Reuters) - After two decades of the dollar's share of global foreign exchange reserves gradually eroding to less than 60%, economic, financial and geopolitical stars...
30. Jan. 2023 · at loggerheads over a debt ceiling impasse sat down with President Joe Biden on May 9, 2023, as the clock ticks down to a potentially catastrophic default if nothing is done . Republicans, who in...
- Michael Humphries
- Anti-Inflationary Credibility at Stake
- Erosion of Safety
- Alternative Gains
When it comes to reserve currency status there are huge advantages deriving from incumbency, partly from inertia but also from network effects. The more people use the dollar, the more useful it is for everyone else. And as Dario Perkins, head of global macroeconomics of TSLombard, points out, the leadership of the global economy does not change ha...
The fears about potential inflation are not the only reason some investors are raising new questions about the role of the dollar in the international financial system. The pandemic-induced turbulence in the Treasury market in March 2020 has raised important questions about the market’s liquidity. In early March, the Covid-19 scare sparked a typica...
If the dollar has retained its hegemonic rolethus far it is because reserve currency status is about relative not absolute advantages. The question has always been, what are the alternatives? In terms of economic might the only realistic immediate challengers are the euro and the renminbi. Both are gaining, albeit slowly, in relative advantage. The...
Vor einem Tag · Janet Yellen has said she fears U.S. financial sanctions will reduce the role of the dollar around the world, as Russia encourages the use of bitcoin and crypto...
12. Juni 2023 · It was clear that the British Pound Sterling could not be the currency everyone counted on. The Bretton Woods gathering in 1944 cemented the U.S. dollar in as the world's reserve currency ...
17. Juni 2024 · The International Monetary Fund (IMF) has warned of a "striking" decline in the U.S. dollar's share of allocated foreign reserves of central banks and governments...
