O about $12.5 trillion in total global currency reserves, China accounts for but a fraction with $245 billion. The United States, by contrast, accounts for $6.67 trillion. … READ MORE >
reserve currency
A nascent dollar bloc: Re-globalization amid U.S.-Chinese tensions
We see a nascent dollar trading bloc forming out of need to protect essential industries. … READ MORE >
Dollar ascendant? Why the dollar’s dominance will not fade.
The idea that the global economy can be organized around another currency seems out of place given the dollar’s ascendancy over the past 10 years during a period of uncertainty. … READ MORE >