For decades, dollars have been the world's common financial language — the "reserve currency." When financial markets tank, people have rushed toward the dollar for safety. It might be changing. For ...

Talk about privilege. The dollar is not just the currency of the United States; it is what's called the world's "reserve currency," where people and institutions park their money. But there's concern ...

Volatility that gripped global markets over the past two weeks may be subsiding, at least for now. But some on Wall Street say that President Donald Trump’s aggressive approach to rolling out his ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The U.S. share of a leading index of global equities is now around 70 percent.

The US dollar risks losing the status of the world’s reserve currency to digital assets like Bitcoin, said BlackRock CEO and chairman Larry Fink. Fink made the remark in the chairman’s annual letter ...

'There will come a day when the global financial markets will be denominated in an asset other than the U.S. dollar, but that is [a] long way away' A sharp decline in the U.S. dollar over the past few ...

The US dollar is the world’s reserve currency with no obvious successors, but the recent market volatility has revived questions about the role of the greenback for the global economy going forward.

Bitcoin isn't an asset held by most central banks. It still has a handful of the properties that are common to reserve currencies. Therefore, it's likely that it will eventually be regarded as a ...