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How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil

The New York Times – Business:

As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.

Alan Rappeport
Author: Alan Rappeport

This post first appeared in The New York Times – Business. Read the original article.

Written by

Alan Rappeport

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Bank of China, Bessent, Scott, China, Embargoes and Sanctions, Exchange Stabilization Fund (United States Treasury), Federal Reserve System, Iran, Renminbi (Currency), Strait of Hormuz, Treasury Department, Trump, Donald J, United Arab Emirates, United States, United States Economy, United States International Relations, US and Israeli Attack on Iran (2026), US Dollar (Currency)
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