Is time up for US Dollar as the leading reserve currency?
Analysts have been calling time on the US Dollar for years, but it remains the leading reserve currency and will continue while it’s in the world’s best interests
The US Dollar and its position as the leading reserve currency has often been called into question over the years.
During periods of political and economic uncertainty doubts about the US Dollar often resurface.
Some analysts claim a collapse is imminent, others predict that it is just a matter of time. Yet it remains the most highly traded currency in forex. It’s the dominant currency in international trading and remains the leading reserve currency.
Its trading partners still trust it and it has history on its side.
However, it is undoubtedly being challenged by the Euro and other currencies in its role as the dominant reserve currency.
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