global reserve currency

Steve Eisman, the star investor portrayed by Steve Carell in “The Big Short,” slapped down talk of the dollar losing reserve currency status.  What happened: In a CNBC interview, Eisman dismissed the idea of the growing U.S. sovereign debt being a problem for the dollar: ...

Bitcoin's (CRYPTO: BTC) journey to becoming a global reserve currency hinges on several key factors - more institutions mainstreaming its use, effective regulation of its touchpoints rather than the currency itself, dispelling myths surrounding its environmental impact and creating...

The global dominance of the US dollar is not in any way under threat, as no other currency alternatives are available. That's according to Bank of America Securities, which has pushed back strongly against recent headlines claiming that the US dollar's global role is about to end soon...

As reported in the Financial Times, Chinese officials were using the government shutdown in the United States to push for greater usage of the Chinese currency, the yuan, as a monetary unit for the settlement of transactions around the world. A major part of the lobbying effort pointed to the...