US Dollar to Remain World Reserve Currency in Next 10 Years – Kristalina Georgieva

0
dollars
dollars

The US dollar will remain the world reserve currency during the next decade, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday.

“The US dollar will be the world’s reserve currency in ten years,” Georgieva said during a conversation on digital currencies.

Speaking on the reasons why the US dollar will retain its dominant position, Georgieva pointed out to the strength of the economy, capital markets debt and the innovation capability of US companies.

However, Georgieva did not rule out fiat and digital currencies “neighboring” each other in the near future.

“Let see what we will have in our wallet in ten years. It is very likely it might be both,” she said.

Send your news stories to newsghana101@gmail.com and via WhatsApp on +233 244244807
Follow News Ghana on Google News

LEAVE A REPLY

Please enter your comment!
Please enter your name here