Image: Indonesia Finance MarketIMF: US dollar remains global anchor
• IMF official Pierre-Olivier Gourinchas stated in a June 27 interview with Reuters that the US dollar remains the primary anchor for global trade, banking, and foreign exchange reserves. • Gourinchas noted that there is currently very little evidence to suggest the world is shifting away from a dollar-centered financial system. • This assessment is significant as it counters narratives regarding the "de-dollarization" of the global economy and the rise of alternative currencies.
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