May 24, 2024

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Morgan Stanley: US Dollar Has No Credible Challengers; Reserve Currency Status to Endure

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Morgan Stanley: US Dollar Has No Credible Challengers; Reserve Currency Status to Endure
Morgan Stanley: US Dollar Has No Credible Challengers; Reserve Currency Status to EndureThe U.S. dollar is likely to remain the world’s dominant reserve currency due to the absence of credible challengers. Morgan Stanley suggests that the Chinese yuan, often considered a potential rival to the U.S. dollar, currently falls short and is unlikely to dethrone the greenback. Reserve Managers to Grapple With U.S. Dollar According to the […]