Citigroup Says De-Dollarization Narrative Is a ‘Mirage’

Citigroup analysts have recently challenged the growing narrative of de-dollarization, asserting that the idea of global investors moving away from the dollar is more of a 'mirage' than a reality. They argue that this perspective lacks substantial backing from economic data, suggesting that the dollar remains a dominant force in global finance. This insight is significant as it highlights the ongoing strength of the dollar amidst various economic discussions.