Franklin Templeton: Dollar to Remain Dominant Currency

On April 16, Jin10 reported that the dominance of the U.S. dollar continues to be a topic of significant interest. According to Franklin Templeton, the dollar is expected to remain the preferred currency. The company's Chief Investment Officer for Fixed Income, Sonal Desai, stated in a report that the dollar's status is supported by three main pillars: the size of the world's largest economy, the depth of its markets, and its institutional credibility. She emphasized that there is currently no reliable alternative asset, and establishing the institutional infrastructure needed to support such a currency would take decades. The debate over the dollar's dominance has intensified due to U.S. President Donald Trump's unpredictable trade, geopolitical, and fiscal policies, which have diminished the appeal of U.S. assets. Some analysts suggest that the euro and gold could potentially become preferred reserve assets.