✉news BusinessBanking first seen 17 h ago, last 1 h ago, peak #6
Why central banks can't ditch the US dollar
Original: Why central banks can’t ditch the US dollar
Commentary resurfaces on why the US dollar remains dominant in central bank reserves despite talk of de-dollarisation. The argument is that no other currency offers the same depth, liquidity and legal safety as US Treasury markets, making the dollar hard to replace even as countries like China and Russia push alternatives. Analysts note that diversification into gold and other currencies is happening, but only at the margins.
Why now: Ongoing debate over de-dollarisation and reserve currency alternatives keeps the dollar's dominance a hot topic
US dollarcentral banksUS Federal Reserve
Rank over time, top of the chart is #1. 8 snapshots from 10 h ago to 1 h ago.
Evidence
- Why central banks can’t ditch the US dollar · Egyptian Gazette
API: https://socialmediatrends-api.osmike.com/v1/trends/69428