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On the line

Is the dollar's reserve currency status in danger?

Published May 18 2023
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Video Transcript
Question: Is the U.S. dollar's reserve currency status in danger?
Martin Schulz: We believe that the dollar will depreciate in the mid to longer term, which will benefit U.S. based investors looking abroad, investing abroad. But will the U.S. dollar's reserve currency status be in danger? We don't believe so. We think this may be a longer-term trend, but at the end of the day, a lot of what we're seeing on the margin, some trading between China, Brazil, India, and Russia is really very, very negligible as it relates to international trade. And so we think the U.S. dollar will continue to remain that force of currency in the global trade marketplace.
Tags International/Global . Equity . Markets/Economy .

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