Yellen says confident USD will remain the global reserve currency despite China and Russia


content provided with permission by FXStreetRead full post at forexlive.com

As part of her testimony US Treasury Secretary Yellen says that says China and Russia may want to develop an alternative to the US dollar.

But, this is very difficult to achieve. And she is confident the dollar will remain the global reserve currency.

There’s always someone proclaiming the death of the USD.