The U.S. dollar will remain a safe haven despite the fiscal and monetary concerns that have dogged it, as a credible global alternative has yet to emerge, economist Nouriel Roubini said Tuesday.
A raging debate is underway among economists who say the dollar's status as a reserve currency is under assault. A burgeoning fiscal deficit that teeters perilously close to 10% of U.S. gross domestic product and a current-account deficit exceeding 3% of GDP have diminished the U.S. currency's allure..............................................Full Article: Source
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