De-Dollarization Debunked: US Dollar Still King, Study Finds
Despite the consistent efforts of US dollar alternatives to derail the USD and trigger de-dollarization, a new study reveals that the American currency is still standing tall amid the grueling pressure. A novel study conducted by the Atlantic Council Geoeconomics Center revealed how the USD indisputably remains the king of currencies despite being surrounded by external forces vying to hammer the US dollar down. Also Read: Petrodollar: Saudi Arabia’s Surplus Hits $11B, 7 Month Peak USD -an-indisputable-currency-king"> USD : An Indisputable Currency King Image Source: WatcherGuru The study elaborates on a few pointers indicative of the US dollar’s unmatched popularity and success on a global scale. The Analysis shares how the US dollar remains unscathed in terms of reserves, trades, and transaction metrics, signaling a strong foothold in all the areas mentioned above. The reports later elaborated on how the USD is firmly rooted in its cause and will remain steadfast in its a...