BUSINESSFORTUNE
‘Re-dollarization,’ not ‘de-dollarization’: Standard Chartered thinks fears over the U.S. dollar are overstated
Standard Chartered economists argue that fears of U.S. dollar decline are overstated, citing continued global reliance on the currency for exports and investments. They highlight examples like Taiwan retaining most export earnings in USD and U.S. economic resilience, while acknowledging challenges like federal debt but emphasizing the lack of attractive alternatives.
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Adjacent reporting
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- The wealthiest investors are pulling money out of the U.S. in the 'de-dollarization' trade
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- The U.S. dollar has barely budged this year — but that could be about to change