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Retrieved on: 2024-02-15 20:49:14
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Summary
The article discusses the enduring dominance of the U.S. dollar in international finance, currency reserves, and the foreign exchange market, addressing concerns around potential shifts due to geopolitics, digital currencies, and other global currencies like the euro and renminbi. Despite speculation, DeFi and other factors have thus far reinforced the dollar's position.
Article found on: www.federalreserve.gov
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