De-dollarization has increasingly become a substantive topic of discussion among corporate clients and market participants more broadly. We discuss de-dollarization related to changes in the structural demand for the dollar and its use as a reserve currency. This encompasses areas that relate to the longer-term use of the dollar, such as transactional dominance in FX volumes or commodities trade, denomination of liabilities or share in central bank FX reserves. J.P. Morgan clients can access the report "De-dollarization: Fact and fable" in the new Macro Corporate Spotlight series at jpmorganmarkets.com.
Speakers
Luis Oganes - Head of Global Macro Research
Meera Chandan - Co-Head of FX Strategy
Saad Siddiqui - Head of EM Rates and FX Strategy
Jay Barry - Head of Global Rates Research
Greg Shearer - Head of Base and Precious Metals Research
This podcast was recorded on 09 June 2025.
This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5000511-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures.
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