Morgan Stanley predicts that the U.S. dollar's dominant reserve currency status will persist due to the lack of credible challengers, including the Chinese yuan. They expect only a moderate and gradual decline in the dollar's international use despite challenges from a multi-polar world.
Dollar's dominant reserve currency status to endure, says Morgan Stanley https://t.co/ZvRkq4o4ub https://t.co/55vcatb1Tu
* MORGAN STANLEY: CREDIBLE CHALLENGERS TO DOLLAR DOMINANCE ARE LACKING INCLUDING THE YUAN * MORGAN STANLEY: EXPECTS DOLLAR'S DOMINANT RESERVE CURRENCY STATUS TO ENDURE DESPITE CHALLENGES FROM INCREASINGLY MULTI-POLAR WORLD @reuters $DXY
⚠️ DOLLAR'S DOMINANT RESERVE CURRENCY STATUS TO ENDURE, SAYS MORGAN STANLEY Full Story → https://t.co/532kvGlq2O The U.S. dollar's dominant reserve currency status is likely to endure partly because credible challengers, including the Chinese yuan, are lacking, Morgan Stanley… https://t.co/LAVL7vFXRV