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Cryptopolitan 2023-06-14 07:42:48

US Treasury Secretary Janet Yellen anticipates slow decline in Dollar’s reserve currency status

US Treasury Secretary Janet Yellen, during a House Financial Services Committee hearing, stated that while the US should expect a gradual decline in the dollar’s share of global reserves, there are no viable alternatives that can completely replace the greenback. Yellen highlighted the fundamental reasons behind the dollar’s prominent role in the global financial system, ... Read more

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