(FT) Dollar seen losing global reserve status

The US dollar will lose its status as the global reserve currency over the next 25 years, according to a survey of central bank reserve managers who collectively control more than $8,000bn.

More than half the managers, who were polled by UBS, predicted that the dollar would be replaced by a portfolio of currencies within the next 25 years.

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Posted in * Culture-Watch, * Economics, Politics, Currency Markets, Economy, Federal Reserve, Globalization, The National Deficit, The U.S. Government, The United States Currency (Dollar etc)