Morgan Stanley: US Dollar Has No Credible Challengers; Reserve Currency Status to Endure

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The U.S. dollar is likely to remain the world’s dominant reserve currency due to the absence of credible challengers. Morgan Stanley suggests that the Chinese yuan, often considered a potential rival to the U.S. dollar, currently falls short and is unlikely to dethrone the greenback. Reserve Managers to Grapple With U.S. Dollar According to the […]

Source: Bitcoin News

#Economics, #ChineseYuan, #GlobalCurrency, #ReserveCurrency, #USDollar

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