Morgan Stanley Predicts the Future of the US Dollar: Resilience and Dominance Expected to Continue on Nostr: Central Banks Increasing Asset Allocation to US Dollar, Reversing Long-Term Trend ...
Central Banks Increasing Asset Allocation to US Dollar, Reversing Long-Term Trend
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#de4497e8 ver:0.25
Central banks are increasing their asset allocation to the US dollar, reversing a long-term trend of declining holdings. Concerns about de-dollarization are growing, but Fed governor Christopher J. Waller believes recent developments have actually strengthened the dollar's position. A survey shows that central banks plan to increase their dollar holdings, while reducing allocations to the renminbi. The BRICS nations are making efforts to challenge the dollar's dominance, but the chances of a rival overtaking it as the world's reserve currency are slim. Bangladesh, facing falling foreign exchange reserves, should consider adopting alternative assets. The dollar's dominance is supported by the size of the US economy and deep financial markets, but poor fiscal policies and inflation pose a threat. #USD #deDollarization #BRICS #reservecurrency...
#newstr #UsDollar #China #CentralBanks #AssetAllocation #Renminbi #Inflation
https://here.news/story/de4497e8?ver=0.25
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#de4497e8 ver:0.25
Central banks are increasing their asset allocation to the US dollar, reversing a long-term trend of declining holdings. Concerns about de-dollarization are growing, but Fed governor Christopher J. Waller believes recent developments have actually strengthened the dollar's position. A survey shows that central banks plan to increase their dollar holdings, while reducing allocations to the renminbi. The BRICS nations are making efforts to challenge the dollar's dominance, but the chances of a rival overtaking it as the world's reserve currency are slim. Bangladesh, facing falling foreign exchange reserves, should consider adopting alternative assets. The dollar's dominance is supported by the size of the US economy and deep financial markets, but poor fiscal policies and inflation pose a threat. #USD #deDollarization #BRICS #reservecurrency...
#newstr #UsDollar #China #CentralBanks #AssetAllocation #Renminbi #Inflation
https://here.news/story/de4497e8?ver=0.25