The US dollar will lose its dominant position in the world. This has been discussed extensively over the past five years. The potential reasons have always been twofold: the growing dominance of the Chinese yuan and the possible imminent creation of a single currency by the BRICS countries, which account for more than 4 billion people.
The statement was made by the largest American financial conglomerate... Morgan Stanley has stated that there is a risk that the US dollar may lose its dominance.
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