EPISODE · May 23, 2023 · 5 MIN
Is the US Dollar losing its status as the reserve currency?
from South Carolina Business Review · host Mike Switzer
You may have seen stories recently mentioning the possibility that the US dollar is in jeopardy of losing its reserve currency status, whether that is because it has been weakening relative to other currencies, or because of trades between other nations like China and Russia that are denominated in non-dollar currencies. What could this mean for our money here at home? Mike Switzer interviews Anthony Colancecco, a certified financial planner with Ballentine Capital Advisors in Greenville, SC.
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Is the US Dollar losing its status as the reserve currency?
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