The U.S. Dollar Hit a 3-Year Low, But Is the World Really 'De-Dollarizing'?
1. U.S. dollar hits lowest level since March 2022, raising concerns. 2. Dollar index shows a 9% decline, the worst first half since 2002. 3. Analysts disagree on de-dollarization, indicating strong ongoing demand for dollars. 4. NBFI assets doubled since 2009, reflecting robust dollar demand. 5. Stablecoin legislation may enhance dollar's status as a global reserve currency.