‘Re-dollarization,’ not ‘de-dollarization’: Standard Chartered thinks fears over the U.S. dollar are overstated
Standard Chartered economists do not think the world is moving away from the US dollar. They say this despite the US dollar's share of global foreign exchange reserves falling from 71% in 1999 to 57% in 2024. This is the lowest level in a quarter century.
5.8Significance
1 source6.0Source trust