Treasury Secretary Yellen: BRICS currency won't threaten US dollar dominance

Janet Yellen has stated that she does not see the U.S. dollar’s dominance being threatened by any development.

  • Yellen stressed that all the data of which she is aware shows that the dollar is overwhelmingly used in international transactions.
  • 🗣 Saying: “I don’t think that there is an alternative that could possibly displace that for the foreseeable future.”

Click here to see her full comments here.