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  • Helping China Hasten the Dollar's Demise [View article]
    The US Dollar will remain the most important reserve currency and the most widely used currency for international trade, but its 'market share' will gradually reduce.

    While shaky credit worthiness makes other countries nervous about keeping too much USD in their FX reserve basket, automated and internet-connected trade transactions makes use of USD as trade currency an unnecessary cost that other country would like to cut now that everbody need to cut cost to the bone.
    May 19 03:44 am |Rating: +3 0 |Link to Comment
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