The global credit rating agency "Moody's" reassured holders of the US dollar all over the world, along with holders of various currencies associated with it, that this green currency will remain dominant globally during the coming period, despite the challenges facing the dollar and the US economy and the controversy surrounding it in economic circles.
“Moody's” predicted the emergence of a multipolar currency system over the next few decades, but the dollar will lead it because its rivals will struggle to replicate its full scope, integrity, and convertibility. But this does not mean that there are no risks in the short term, as Moody's predicted that the U.S. approach to protectionism and weakening institutions would threaten the dollar's global dominance.
Source (Al-Arabiya.net Website, Edited)
