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Foreign Exchange

Dollar safe haven status at risk, says Ashmore’s Booth

The dollar’s status as the world’s pre-eminent reserve currency is under threat as the country faces a growing budgetary crisis, says Jerome Booth, head of research at emerging markets asset manager, Ashmore Investments.

The dollar’s status as the world’s pre-eminent reserve currency is under threat as the country faces a growing budgetary crisis, says Jerome Booth, head of research at emerging markets asset manager, Ashmore Investments.

Speaking at Euromoney’s Forex Forum last week, Booth told delegates that loose fiscal and monetary policy in the US.....

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