Global Alliances

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Macro

Reserve currencies must provide an anchor in a sea of uncertainty

I take a closer look at what makes a reserve currency and why their decline is usually associated with a breakdown in their 'credibility'.
Clive Smith
Macro

A brief history of reserve currencies - their rise and decline

This paper comprises an Appendix setting out the history of reserve currencies and the drivers behind their rise and decline.
Clive Smith
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