from Hacker News

Treasury Secretary Yellen: expect gradual decline in dollar as reserve currency

by yasp on 6/13/23, 11:25 PM with 4 comments

  • by silverbax88 on 6/14/23, 12:48 AM

    Interesting that although the dollar has declined for the last two decades as the global reserve currency, there apparently is no alternative currency taking its place; rather, countries are slowly moving some currency into assets. They aren't moving US dollars into China's Yuan.