The U.S. Treasury Department sign fell when Secretary Janet Yellen was asked how concerned she was about the dollar’s status as
The U.S. Treasury Department sign fell when Secretary Janet Yellen was asked how concerned she was about the dollar’s status as the world’s reserve currency
Yellen admitted in October that she sees no alternative to the dollar as the world’s reserve currency. According to her, the currency’s position rests on ‘strong macroeconomic fundamentals, low-inflation institutions, and strong capital markets’ in the US.
Source: Global News (EU, USA)
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