The central bank to all central banks warns of a potential "scramble" for US dollars ...Middle East

These swaps involve borrowing dollars while holding euros or yen, and a rapid unwinding of these positions could trigger a sharp surge in demand for the U.S. currency. “If you have to roll over that swap you have to join the scramble,” Shin said in a lecture at the London School of Economics.

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Info via Reuters. The warning seems to be of a worst-case scenario. You can be sure that such a scenario has been gamed out and those seeking USD will not be wondering what to do ....

This article was written by Eamonn Sheridan at www.forexlive.com.

Hence then, the article about the central bank to all central banks warns of a potential scramble for us dollars was published today ( Tuesday 20/05/2025 - 01:34 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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