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    • The Dollar’s Dominance, Explained

      Bloomberg· 28 minutes ago

      The US dollar is the closest thing there is to a global currency. Dozens of countries around the world peg the value of their local tender to it. The dollar’s dominance tracks ...

    • Japan is wrong to try to prop up the yen

      Japan is wrong to try to prop up the yen

      The Economist· 1 day ago

      In 2022 Japan spent more than $60bn of its foreign-exchange reserves defending the yen, its first intervention to strengthen the currency in nearly a...