Investopedia on MSN: The rise of the US dollar as the world's reserve currency Korea’s foreign exchange reserves fell out of the world’s top 10 for the first time since 2000, as authorities tapped reserves to defend the won amid a prolonged period of dollar strength. Invezz on MSN: Petroyuan or dollar strength? Hormuz conflict sparks global currency fight Washington Examiner: Xi pushes for yuan to become global currency reserve as dollar weakens Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year.

Understanding the Context

Over the weekend, the ruling Communist ... Xi pushes for yuan to become global currency reserve as dollar weakens WTOP: De-Dollarization: What Would Happen if the Dollar Lost Reserve Currency Status? The Himalayan Times: Foreign exchange reserves rise 27.5% to Rs 3.41 trillion by mid-March