From Newsmax:

Officials in China, Russia, India, and Brazil have criticized the dollar’s status as the world’s dominant reserve currency, but a prominent currency expert disagrees.

“The dollar’s reserve currency status is working very well,” Michael Woolfolk, senior currency strategist at Bank of New York Mellon, told Bloomberg.

“You don’t want to temper with something that is working well, that’s at the center of the financial system when you’re dealing with crisis.”

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