Dollar dominance isn’t going anywhere. Here are 5 myths about de-dollarization.


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A 100 yuan banknote (R) is placed next to $100 banknotes in this picture illustration taken in Beijing Nov. 1, 2010. Reuters/Petar Kujundzic The dollar's dominance isn't at risk, three currency experts told Insider. That's because the greenback is an entrenched encumbent and widely trusted as a safe haven. Economists and currency experts shared five misconceptions about the dollar's position in global markets. The dollar's dominance isn't fading anytime soon, and commentators that have warned recently of a de-dollarized global economy are operating on a handful of key misconceptions, experts say. There's been growing talk that the dollar could soon...