U.S. Treasury's Bessent Says Will Continue To Push For Transparency In Debt Restructuring In Light Of Hidden China Debt Provisions; Dollar Continues To Thrive As Reserve Currency, Transaction Volume In Dollars Has Risen; Decrease In Reserve Holdings Of Dollars Is Mainly From Russia And China; Strong Dollar Is A Set Of Behaviors, Including Regulatory, Tax, Trade, Energy Certainty
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Why It Matters
America's Treasury leader wants countries to be honest about secret debts they owe. When money flows through dollars safely and fairly, people trust the dollar more.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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