The US dollar has unparalleled resilience among global currencies. Its massive and highly liquid government bond market, along with its status as a primary reserve asset, enables it to remain strong even during crises, financial recessions, and in some countries where de-dollarization efforts are ongoing.
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The US dollar has unparalleled resilience among global currencies. Its massive and highly liquid government bond market, along with its status as a primary reserve asset, enables it to remain strong even during crises, financial recessions, and in some countries where de-dollarization efforts are ongoing.