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Dollar :-)

First published: Financial Times, 21-04-2023

De-dollarisation is a frightful word that is chronically over-used to describe things that really aren’t happening much. Yet it is all the rage as people again seek simple narratives in volatile and highly geopolitical times. FT Alphaville set out one of the more reasoned expositions here but even that, by seasoned foreign currency analyst Stephen Jen, failed to convince. Here is why. Read on