Currencies
As the dollar falters, the world’s central banks tread a tightrope — devalue their currency or not
Currencies: As the Dollar Falters, the World’s Central Banks Tread a Tightrope
Few actors have as much influence in the intricate dance of global finance as the United States dollar. It has served as the world's dominant reserve currency for decades, ensuring economic stability and international trade. But today, as the dollar falters under the weight of high debt levels, geopolitical shifts, and shifting monetary policy, central banks around the globe are finding themselves in an increasingly delicate position.