The Dollar became the International Reserve Currency in 1944 to establish a common medium of trade in a war-torn world.
Since then, the Dollar has been trusted by non-US countries to settle transactions for goods, commodities, and services due to its stability, predictability, and broad usage. In recent years, larger countries around the world have been looking to settle transactions in their own currencies.
We discuss the implications of these moves and how it affects the companies you are invested in and your portfolio.
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