MNI BRIEF: 2025 Pivotal For Dollar Status -Lagarde

Jul-01 14:19By: Santi Pinol
European Central Bank+ 4

This year could be seen as a pivotal period in the future for the status of the U.S. dollar as the world's currency reserve, European Central Bank president Christine Lagarde said on Tuesday in the ECB Forum in Sintra, noting that investors are looking for options beyond the greenback.

“Clearly something has broken. Whether if its fixable or not, the jury is out”, Lagarde said. (See MNI INTERVIEW: Trump Accelerating Dollar Decline - Eichengreen)