Sentences with phrase «leading global reserve currency»
As I've already noted, Fed policies have significant effects internationally, given the central place of U.S. markets in the global financial system and the dollar's status as the leading global reserve currency.
https://www.newyorkfed.org/ Not exact matches
What led to the demise of the gold standard has relevance to today's challenge to the dollar as the global reserve currency.
Moreover, if bitcoin becomes one of the reserve currencies of the global economy by targeting the $ 40 trillion offshore banking market, $ 8 trillion gold market, and the $ 50 trillion fiat currency market, governments will need to have a supply of bitcoin and alternative cryptocurrencies as the leading financial authorities.