Standard Chartered sees re-dollarization, not de-dollarization

Standard Chartered argues fears over the U.S. dollar are overstated, calling the trend re-dollarization instead of de-dollarization. The dollar's share of global reserves fell from 71% in 1999 to 57% in 2024. Exporters keep dollars and investors find U.S. equities attractive, while alternatives remain unattractive.