For more than seven decades, the United States dollar has been the world’s reserve currency, with a majority of international transactions using the greenback. CNBC’s Uptin Saiidi explains how it became so strong and explores whether its position could be threatened.
In the midst of the fear and disruption caused by the coronavirus pandemic, some citizens may be about to receive a welcome surprise in the form of free money, also known as “helicopter money.” CNBC’s Silvia Amaro explains why central banks and politicians are considering this rare measure to keep economies moving.
It would seem that the days of the mighty dollar may no longer be so mighty. Instead, it is the British pound that is the latest flavour of the day.