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Concerns are raised about actions by Russia and China to promote alternative reserves and conduct transactions in currencies other than the US dollar. The US dollar remains the primary global reserve currency, largely due to the strength of US democratic institutions, liquid markets, and the rule of law. Its historical stability and value retention further underpin its dominance in international commerce. While other nations may seek to establish their currencies, the dollar's established position and the attributes surrounding it make it the preferred choice in global trade.