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Benzinga
Benzinga
Business
Piero Cingari

The Dollar Is Still King, But Losing Clout Faster Than You Think

Treasury Secretary Lawrence Summers

The U.S. dollar remains the world's reserve currency, but its perceived value is eroding faster than many think.

According to Goldman Sachs' latest report, a combination of shifting trade dynamics, weaker U.S. economic outperformance, and political risk is setting the stage for gradual depreciation—even without outright de-dollarization.

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