38 days ago • Posted by William Ramstein

US Dollar remains the world's top currency

The renminbi still has a long to go before become the currency of tomorrow but with current trends, Ray Dalio has mentioned its potential to grow into one of the world's most popular currencies. However, as of now, the USD is still the dominant currency by a mile. The Euro is very strong as a Global Payment currency. Otherwise, we see the USD standing head and shoulders above the rest in foreign exchange reserves and turnover, debt, and international loans. Source: FT