Well, the dollar has been the world’s reserve currency for many decades and yet during those decades it is not been a one way street. It is gone up and down like a yo-yo so I do not think the reserve currency status of the dollar, by definition, determines where it is going to go.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction
December 9, 2025