Skip to main content
Industry News
Crisis dents euro aspirations to challenge dollar
5/22/2020

The coronavirus pandemic has dealt a further blow to hopes that the euro could conceivably challenge the US dollar's strengthening supremacy as the global reserve currency. Although some observers say a pan-European recovery fund to finance government spending measures could enhance the euro's standing, others say recent disagreements among eurozone members highlight its potentially precarious situation.

Full Story: