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US Treasury Secretary Bessent: Dollar accounts for 89.2% of global forex trading, foreign investors still hold large US assets
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U.S. Treasury Secretary Bessent stated that the U.S. dollar accounts for 89.2% of global foreign exchange transactions, underscoring its dominant role in international finance. He also noted that foreign investors continue to hold substantial amounts of U.S. assets, indicating sustained global confidence in the American economy and its financial markets. The remarks, reported by financial news outlet Jin10, highlight the dollar's enduring status as the world's primary reserve currency despite ongoing discussions about de-dollarization and shifts in the global economic landscape. Bessent's comments come amid broader debates on U.S. fiscal policy and the implications of foreign investment for national economic stability.
Source report
Washington — U.S. Treasury Secretary Bessent highlighted the enduring strength of the U.S. dollar in global markets, noting that it accounts for 89.2% of all global foreign exchange transactions.
In his remarks, Bessent also emphasized that foreign investors continue to hold a substantial amount of U.S. assets, underscoring sustained international confidence in the American economy.
Source
金十数据Neutral / independent
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Bessent: Dollar accounts for 89.2% of forex trades, reserve status strong