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Central banks are scooping up the US dollar

FT News Briefing

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Shifting Trends in Global Currency Reserves and Political Landscape in the UK

This chapter examines the decline of BRICS countries' interest in the renminbi amidst economic uncertainties in China and assesses the potential shift back to the US dollar. Additionally, it discusses the implications of the UK's Conservative Party manifesto and the challenges facing them ahead of elections.

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