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Has the Dollar ALREADY Lost Its Status As World Reserve Currency?

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Washington’s Blog
Tuesday, November 9, 2010

These are headlines from the past 2 days:

It’s not yet clear whether the Renminbi, gold, SDR, Bancor or something else eventually take the throne of the new world’s reserve currency. See this and this.

And many settlements are still, obviously, being made in dollars.

But there is at least an argument that the dollar has already lost its status as world reserve currency, even if there is no ready replacement to jump into the breach.

Has the Dollar ALREADY Lost Its Status As World Reserve Currency? aj150709banner1

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This article was posted: Tuesday, November 9, 2010 at 10:15 am





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