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US Dollar’s ‘Impenetrable Armor’ Weakening As Chinese Yuan and Alternate Currencies Grow: BlackRock’s Bonds Chief
By Alex Richardson at 2025-03-16 03:52
Sentiment: Positive
A top strategist at the world’s largest asset manager says the US dollar is no longer the invincible world reserve currency that it once was. In a new interview with Semafor Business, BlackRock’s Rick Rieder, who manages over $2.4 trillion in the giant’s Global Fixed Income arm, says other currencies including crypto assets are “chipping […] The post US Dollar’s ‘Impenetrable Armor’ Weakening As Chinese Yuan and Alternate Currencies Grow: BlackRock’s Bonds Chief appeared first on The Daily Hodl. Continue reading...
Categories: Futuremash
Tags: #Futuremash #blackrock #dollar #macro #News
Source The Daily Hodl