✉news BusinessBanking first seen 1 d ago, last 13 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 central banks worldwide remain tied to the US dollar despite ongoing talk of de-dollarisation and diversifying reserves into other currencies. The piece argues the dollar's deep liquidity, network effects and lack of a viable alternative keep it dominant in global reserves and trade settlement. Analysts continue to debate whether the greenback's share of global reserves will erode in the coming years.
Why now: Ongoing geopolitical shifts and sanctions have renewed debate over de-dollarisation and the dollar's reserve status.
US Federal ReserveUS dollarcentral banks
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Evidence
- Why central banks can’t ditch the US dollar · Egyptian Gazette
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