Dollar’s Dominant Reserve Currency Status to Endure: Morgan Stanley | Business Matters Full Broadcast (April 18)

Don Ma
By Don Ma
April 18, 2024Business Matters
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Google said on Thursday it had terminated 28 employees after some staff participated in protests against the company’s cloud contract with the Israeli government.

Memory chip maker Micron Technology is set to receive $6.1 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Democratic U.S. Senate Majority Leader Chuck Schumer said on Thursday.

The U.S. dollar’s dominant reserve currency status is likely to endure partly because even the most talked about alternative the Chinese yuan falls short as a credible challenger, Morgan Stanley said in a report on Thursday.

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