Yellen Predicts Continued Decline in Dollar's Share of Global Reserves, But Sees No Alternative For Now

Treasury Secretary Janet Yellen predicts a continued decline in the U.S. dollar's share of global reserves.

Yellen believes no existing currency can fully displace the dollar right now.

She warns the dollar may lose more ground as countries diversify reserves.

Yellen still sees no meaningful alternative to the dollar's reserve currency status currently.

Investments like gold, fine art, and real estate can help hedge against a falling dollar.