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Mismanagement Is Putting Dollar’s Global Standing in Jeopardy

Summary by Bloomberg
The US currency’s dominant role in the international monetary system is still an “exorbitant privilege.” But it does have downsides.

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The importance of a currency has not only economic reasons, but what Europe needs to do to make the euro stronger.

·Frankfurt, Germany
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The historic reign of the dollar over global finance staggers. A convergence of economic changes and political decisions has weakened the once powerful banknote and...

The euro is and will remain the world's second-largest currency for a long time to come, writes special editor Jan Hurri.

·Finland
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After a strong 1.7 percent rise against the dollar the week before, the euro weakened slightly against the dollar last week, by 0.11 percent, to $1.1347.

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  • 50% of the sources lean Left, 50% of the sources lean Right
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CDE News broke the news in on Sunday, June 1, 2025.
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