reserve currency

As President-elect Donald Trump threatened BRICS countries against a reserve currency, economist Jeremy Siegel says “Bitcoin is far more of a threat to replace the dollar in world reserves than anything created by the emerging market economies.” What Happened: BRICS, an...

The global dominance of the US dollar is not in any way under threat, as no other currency alternatives are available. That's according to Bank of America Securities, which has pushed back strongly against recent headlines claiming that the US dollar's global role is about to end soon...