-
Dollar Seen Losing Global Reserve Status
The U.S. dollar will lose its status as the global reserve currency over the next 25 years, according to a survey of central bank reserve managers who collectively control more than $8,000 billion. AP More than half the managers, who were polled by UBS [UBS 17.35 0.04 (+0.23%)], predicted that the dollar would be replaced by a portfolio of currencies within the next 25 years. That marks a departure from previous years, when the central bank reserve managers have said the dollar would retain its status as the sole reserve currency. UBS surveyed more than 80 central bank reserve managers, sovereign wealth funds and ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 28, 2011 1:37am Jun 28, 2011 1:37am
- clockwork71
- | Commercial Member | Joined May 2007 | 1176 Comments
- Comment #2
- Quote
- Jun 28, 2011 1:49am Jun 28, 2011 1:49am
- lastresort
- | Joined Sep 2010 | Status: Member | 26 Comments
- Comment #3
- Quote
- Jun 28, 2011 2:04am Jun 28, 2011 2:04am
- aurangzaib
- | Joined Feb 2011 | Status: simple trader | 32 Comments
*ALL IS WELL*
- Comment #4
- Quote
- Jun 28, 2011 2:17am Jun 28, 2011 2:17am
- BrotherPyrus
- | Joined Jun 2010 | Status: "member" | 174 Comments
- Comment #5
- Quote
- Jun 28, 2011 3:23am Jun 28, 2011 3:23am
- Noloqy
- | Joined Mar 2009 | Status: Member | 6 Comments
The nail that sticks out gets hammered back in
- Comment #6
- Quote
- Jun 28, 2011 7:07am Jun 28, 2011 7:07am
- bobn
- | Joined Aug 2010 | Status: Member | 141 Comments