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Talk about privilege. The dollar is not just the currency of the United States; it is what's called the world's "reserve ...
The dollar’s status as the leading reserve currency has been called the “exorbitant privilege” of the United States, a phrase coined by former French Finance Minister Valery Giscard d ...
So, if the United States does not make a mistake on its own, I would say the risk of the U.S. dollar being dethroned in our lifetime, I would say is very minimum.
The dollar gained on Monday as U.S. President Donald Trump hosted talks on ending Russia's war in Ukraine, and traders pared ...