Losing faith in the greenback.

• Author: Rees, Matthew
• Position: Just the Facts: TIE's Executive News Service: THE DOLLAR ISSUE - Brief article

"Foreign-exchange stockpiles have almost tripled to $5.7 trillion since the beginning of the decade. China alone has $1.4 trillion of reserves. Japan's $1 trillion or so make it the second-largest holder. In this period of swelling reserves, the dollar has retained its preeminence. It still accounts for nearly 65 percent of identifiable currency stockpiles, according to the latest IMF data. This is broadly in line with its historical share. Factor in the dollars hoarded by...