What currency will replace US$ as world reserve or trading currency?

[Phoenix67]

If the predictions that by next year ay mapapalitan na ang US$ as the reserve or trading currency...ano kaya ang papalit?

Kawawa naman ang mga may nakatambak na US$, biglang magiging "kenkoy" money siguro ang halaga.

[Retz]

How about GBP or EUR perhaps?

[victorevolution]

gbp? - likely not, their economy is not that great anymore

euro- they've been lobbying this in the middle east countries (only to those oil and gas rich countries) since the birth of the euro but when the e.u. euro currency problem (that's why ukgb was so happy that it was not part of the euro(different from e.u.))economic occurred it never came into reality(but it almost did)

yuan- hahahahaha dream on

a more rational and real approach is what we did in asean before, trade using local currency but not shift to a single currency like the euro

[uls]

If the predictions that by next year ay mapapalitan na ang US$ as the reserve or trading currency...ano kaya ang papalit?

Kawawa naman ang mga may nakatambak na US$, biglang magiging "kenkoy" money siguro ang halaga.

no it's not gonna happen next year

matagal pa bago ma-replace ang USD

many years pa

[uls]

How about GBP or EUR perhaps?

nope

the pound sterling was reserve currency in the 19th century and first half of the 20th century.

the UK lost economic power after WW2 which resulted in the pound losing reserve currency status


the euro is 2nd most widely held currency

unsolved eurocrisis will prevent the euro from replacing the dollar

[explorer]

gbp? - likely not, their economy is not that great anymore

British economy has been doing good...but i don't think GBP will have any chance to replace USD as trading currency

from: Can UK economy stay top of the league?

Can UK economy stay top of the league?

If the latest Markit survey of business activity and orders is accurate, the British economy is growing at a remarkably rapid 1.3% in the last three months of the year - which would be faster than any other rich developed economy.

The UK is growing significantly faster than Germany and the US, for example - and probably faster than Japan, which in my strained analogy is Liverpool FC, whose under-performance has endured even longer than Arsenal's.

If that estimated British growth rate is accurate and sustained, UK GDP in 2013 will rise over 3% - which is significantly faster than any mainstream economist is currently predicting and would be a return to growth rates we haven't enjoyed since the financial and economic crash of 2007-8.