‘Re-dollarization,’ not ‘de-dollarization’: Standard Chartered thinks fears over the U.S. dollar are overstated
Standard Chartered economists disagree with the idea that the world is moving away from the US dollar.
Reported by 1 outlet — Fortune. See all sources ↓
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.
Why it matters
This matters because it affects how countries trade with each other and use money.
- What do Standard Chartered economists think?
- They do not think the world is moving away from the US dollar.
- Why is the US dollar's share of global foreign exchange reserves falling?
- It is falling because of changes in how countries trade with each other.
- What is the current share of the US dollar in global foreign exchange reserves?
- It is 57% in 2024, the lowest level in a quarter century.
How outlets are framing the same story
These are the main editorial angles found across reporting. Use them to quickly compare what different outlets emphasize, omit, or question.
The outlets frame the story as a disagreement between economists at Standard Chartered and those who think the world is moving away from the US dollar.
- Coverage cardFraming signal1AngleScouting report
The US dollar's share of global foreign exchange reserves is falling.
Sources1TypeAngleFortuneReports the decline in the US dollar's share.
- Coverage cardFraming signal2AngleScouting report
Standard Chartered economists disagree with the idea that the world is moving away from the US dollar.
Sources1TypeAngle