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World Politics Review on MSN1d

Dollar Dominance Is Here to Stay

If there's going to be a major shift away from the U.S. dollar, someone needs to provide a viable alternative. That isn't going to happen anytime soon. The post Dollar Dominance Is Here to Stay ...
From To Calculate United States Dollar to Turkish Lira conversion - Last updated Aug 15, 2025 17:22 UTC Result 40.869099 Turkish Lira 1 USD = 40.869099 TRY 1 TRY = 0.024468364 USD ...
So, if the United States does not make a mistake on its own, I would say the risk of the U.S. dollar being dethroned in our lifetime, I would say is very minimum.
From To Calculate United States Dollar to Brazilian Real conversion - Last updated Aug 16, 2025 02:59 UTC Result 5.4013 Brazilian Real 1 USD = 5.4013 BRL 1 BRL = 0.185140614 USD ...
The global hegemony of the U.S. dollar also gives the United States government the power to impose far-reaching and effective sanctions on its adversaries, a powerful foreign policy tool.
The dollar’s status as the leading reserve currency has been called the “exorbitant privilege” of the United States, a phrase coined by former French Finance Minister Valery Giscard d ...
The dollar’s dominance stems from the demand for it around the world. Foreign capital flows into the United States because it is a safe place to put money and because there are few other alternatives.