The Rise of the Yuan and the Decline of the Dollar

The Rise of the Yuan and the Decline of the Dollar

Since the end of World War II, the US dollar has been the world’s dominant reserve currency, with countries around the world needing to hold large amounts of dollars to facilitate trade and investment. However, recent developments suggest that the dollar’s position is...
The Dollar Paradox: All Dollars Are Not Created Equal

The Dollar Paradox: All Dollars Are Not Created Equal

Are all dollars created equal? The U.S. Dollar Index (DXY), which tracks the value of the dollar relative to a trade-weighted basket of other currencies, reached a fresh 20-year high in 2022 before retreating sharply this year. However, the long-term viability of the...