FACT CHECK: US dollar remains global reserve currency FactsFirstPH
that the US dollar remains as the world reserve currency despite its foreign exchange shares dropping below 59%. The report said the yuan’s wider use is still limited by China’s strict capital control over the currency, barring its usage outside of trades with China.also suggested that the US dollar index can continue to rise up to 119.193 in 2025.
As of writing, there are no reports that indicate the US dollar has been replaced by any currency as the international reserve currency., the world’s reserve currency is the legal tender used the most by central banks to conduct international trade and financial transactions with other nations. The article says that the US dollar has been the dominant reserve currency since World War II.
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