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Why central banks can't ditch the US dollar
Original: Why central banks can’t ditch the US dollar
The Egyptian Gazette reports on why central banks around the world continue to hold the US dollar as their dominant reserve currency, despite ongoing talk of de-dollarisation. The piece examines the structural reasons keeping the dollar at the centre of global finance, including the depth of US markets and the lack of credible alternatives.
Why now: Debates about de-dollarisation and reserve currency diversification are currently prominent among policymakers and financial commentators.
US dollarcentral banksEgyptian Gazette
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- Why central banks can’t ditch the US dollar · Egyptian Gazette
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