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World’s Central Banks Are Turning Away from U.S. Dollar, Says MUFG Head of Research
Appetite for the U.S. dollar has been shrinking to unprecedented levels among the world’s central banks, reflecting their fear of uncertainty in U.S. economic policy and the American political landscape, says Derek Halpenny, Head of Research with Global Markets, EMEA, and International Securities at Mitsubishi UFJ Financial Group, Inc. (MUFG).
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