Dollar remains the big daddy of global currencies — for now
The prospects of cryptocurrencies or the Chinese yuan unseating the greenback are slim
18 July 2019 - 06:25
A frequent topic of both serious investment commentators and some of the darker corners of the internet is the future of the US dollar as the dominant global currency.
While some believe its decline is imminent, evidence suggests it is still very much in a dominant position. As the Fed, the ultimate guardian of its price and purchasing power, is about to cut interest rates, the debate is topical again...
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