The two closest challengers, the euro and the yen, have grown their share of reserve holdings, but not to the extent of the dollar’s losses. And while China would like its renminbi to topple the dollar, that currency’s share of global reserves remains a paltry 2.5 percent, although cert...
The two closest challengers, the euro and the yen, have grown their share of reserve holdings, but not to the extent of the dollar’s losses. And while China would like its renminbi to topple the dollar, that currency’s share of global reserves remains a paltry 2.5 percent, although cert...