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<p>Is the US dollar in jeopardy of losing its role at the center of world finance and trade? A panel of experts examines the dollar’s international functions. Recent years have seen some fraying in the currency’s position, but it retains its prominence, and for many uses there is no practical alternative. Still, risks appear to be increasing.</p>

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Reserve currency in jeopardy?

  • 期刊论文

  • 发表日期：

    2026年4月2日

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  • Marcello Estevão,
  • Linda Goldberg,
  • Maurice Obstfeld,
  • Nathan Sheets

摘要

Is the US dollar in jeopardy of losing its role at the center of world finance and trade? A panel of experts examines the dollar’s international functions. Recent years have seen some fraying in the currency’s position, but it retains its prominence, and for many uses there is no practical alternative. Still, risks appear to be increasing.