ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted

ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted


Bitcoin.com
2023-04-26 04:00:49

European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for granted.” Acknowledging de-dollarization efforts by various countries, she stressed: “New trade patterns may have ramifications for payments and international currency reserves.” ECB’s Christine Lagarde on De-Dollarization and Alternative Currencies The president of the