Economist Stephen Jen expects the Chinese yuan, the euro, and the U.S. dollar to form a “tripolar” reserve currency configuration. dedollarization
Economist Predicts Shift to Tripolar Reserve Currency World — Yuan, Euro to Disrupt US Dollar's Dominance
,” the former Morgan Stanley director told the Insider publication that the de-dollarization trend is likely to continue. However, he noted that it will “probably not to a point where a non-dollar currency commands a bigger market share than the dollar.” Jen described:The economist pointed out that all other currencies have flaws as international currencies and potential challengers to the dominance of the U.S. dollar.
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