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Planet Money
Planet Money

Is the reign of the dollar over?

May 9, 2025 · 26m
AI Summary
  • The U.S. dollar has been the world's reserve currency for decades, with central banks holding it and approximately 90% of foreign exchange transactions involving dollars
  • The episode examines whether the dollar's dominance is changing if the world stops viewing it as a safe store of wealth
  • Discussion covers what would replace the dollar as reserve currency if its reign ends and implications for global financial markets

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