If global confidence in the U.S. dollar collapsed, what would likely become the new world reserve currency?

Asked Mar 10, 2014· 1 answer ·China, Chinese Yuan Renminbi, Euro, United States, United States Dollar
Faisal KhanAnswered Mar 10, 2014
I think it would certainly not be a single currency. Too much reliance on a single country. It would most likely be a basket of currencies to hedge out any singular risk.

However, if I had to think of a single currency, it would most likely be the Chinese Renminbi (RMB). The Euro is a tempting candidate.

But I'm no Economist, someone else would perhaps give a better, more plausible answer.
Reserve CurrenciesMonetary SystemsUS Dollar DominanceDe-Dollarization ChinaChinese Yuan RenminbiEuroUnited StatesUnited States Dollar
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