World News@lemmy.worldEnglish · 5 days ago

Is the world losing faith in the almighty US dollar?

www.ft.com

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Is the world losing faith in the almighty US dollar?

www.ft.com

cyrano@lemmy.dbzer0.com to

World News@lemmy.worldEnglish · 5 days ago

Donald Trump’s trade war is forcing investors to confront the possibility that the dominance of the US currency might fade — or even end

https://archive.is/2025.04.17-042647/https://www.ft.com/content/73294414-8cdc-4298-a46a-e548253c90c0

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5 days ago
It’s also worth keeping in mind that if the USD/CNY exchange rate fell in line with the two countries’ PPP, China would be biggest economy in the world by a margin of nearly 30%.

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