'De-Dollarization' Will Continue, Rabobank's Foley Says
Rabobank FX Strategy Head Jane Foley discusses the role of the US dollar as a reserve currency. Speaking on Bloomberg Television, she says since days of the first Donald Trump administration, there have been "changes" to make other currencies "a little bit more resilient." Foley adds that the "de-dollarization is an issue" and it "will continue," but that there is no "clear alternative" to quickly replace the US dollar.
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