US Dollar Still Accounts for the Majority of Global Reserves & Trade
The US dollar is currently in the middle of a rapid change. There are speculations of the world ditching the US dollar for good, but the recent stats have a different story to tell. These statistics have shown how the US dollar is unbeatable, and the criticism of the dollar via rising de-dollarization drives has only made it stronger. Despite facing multiple challenges, a new data Analysis tells that the US dollar is still the most dominant currency in the world, beating its competitors in an ever more dramatic way. Also Read: De-Dollarization in Africa Is Failing as Public Wants the US Dollar The US Dollar Is Still The Reigning Currency King Source: TheUanCapital.com The US dollar is currently being heavily challenged by its competitors. But the USD peers will have to double their efforts to truly derail the USD. A recent data report shared by the Kobeissi Letter confirms how the dollar remains undefeated despite the challenges that the currency has encountered in recent times. Per t...