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Chart of the Day: Dollar Reign

Crews Bank & Trust Wealth Management Services Jul 27, 2023
US dollar is represented in dark blue, other currencies considered include the Euro, Pound and Yen

Contents

Today’s Chart of the Day comes from the Financial Times and shows the dominance of the US dollar in central bank reserves globally, represented in dark blue.Even though we may read things that say the opposite is true, outside of the US, a majority of the world thinks the US dollar is still the most reliable. This is supported by our rule of law, free society, strong military, and stable government, and though it may not be perfect, it is still the best in the world. 
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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