US Dollar’s ‘Impenetrable Armor’ Weakening As Chinese Yuan and Alternate Currencies Grow: BlackRock’s Bonds Chief
May 29 2023 - 08:04PM
The Daily Hodl
A top strategist at the world’s largest asset manager says the
US dollar is no longer the invincible world reserve currency that
it once was. In a new interview with Semafor Business, BlackRock’s
Rick Rieder, who manages over $2.4 trillion in the giant’s Global
Fixed Income arm, says other currencies including crypto assets are
“chipping […]
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US Dollar’s ‘Impenetrable Armor’ Weakening As Chinese Yuan and
Alternate Currencies Grow: BlackRock’s Bonds Chief appeared
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Continue reading US Dollar’s ‘Impenetrable Armor’
Weakening As Chinese Yuan and Alternate Currencies Grow:
BlackRock’s Bonds Chief
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US Dollar’s ‘Impenetrable Armor’ Weakening As
Chinese Yuan and Alternate Currencies Grow: BlackRock’s Bonds
Chief appeared first on
The Daily Hodl.
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