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the dollar is extending declines the US dollar is extending declines the dollars confused to be on a decline U.S dollar U.S dollars the US dollar theres been a lot of debate that the U.S dollar might lose its status as the worlds most used currency an influential group of emerging economies Brazil Russia India China and South Africa Iran and Saudi Arabia are to resume diplomatic relations in a deal brokered by China you certainly might go into nurses a lot of people right now because of all this chatter theyre hearing about this for the first time and theyre probably feeling a little bit iffy will the US dollar actually lose its dominance the US dollar is really the only serious candidate for the worlds principal Reserve currency I had the same question too so naturally I made this video and the first question that I want to answer was what the heck is a reserve currency a reserve currency is a type of currency that a country will keep in its Central Bank and the whole purpose of