Yellen Predicts Continued Decline in Dollar's Share of Global Reserves, But Sees No Alternative For Now
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Treasury Secretary Janet Yellen predicts a continued decline in the U.S. dollar's share of global reserves.
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Yellen believes no existing currency can fully displace the dollar right now.
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She warns the dollar may lose more ground as countries diversify reserves.
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Yellen still sees no meaningful alternative to the dollar's reserve currency status currently.
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Investments like gold, fine art, and real estate can help hedge against a falling dollar.
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