Viewpoints
Opinion

How a Country Loses Its Currency Reserve Status

How a Country Loses Its Currency Reserve Status
A U.S. dollar note in front of a stock graph in this picture illustration on Nov. 7, 2016. Dado Ruvic/Reuters
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Commentary

The U.S. dollar enjoys its world reserve currency status due to numerous factors: legal and investor security, an open and transparent market, as well as independent institutions with checks and balances that limit political power and strengthen the country’s currency in relative terms.

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