The co-director of the Institute for the Analysis of Global Security states The U.S. has been “extremely trigger-happy” with stinging economic measures, and central banks may decide to diversify their portfolio of foreign reserves instead of relying heavily on the U.S. dollar, reported CNBC.
Gal Luft of the Washington-based think tank notes, “Central banks are beginning to ask questions,” he adds that they wonder if reliance on the dollar and “putting all their eggs in one basket” is a smart idea.
