King Dollar won’t just give up its crown. Rivals have to take it away—but they’re not ready, currency expert says

• Predictions that the dollar’s dominance will come to an end soon have proliferated since President Donald Trump launched his trade war, but a currency expert said the greenback won’t simply step down from its position. Instead, other countries and their currencies have to seize the top spot, but they aren’t ready to do so.

Reports of the dollar’s demise have been greatly exaggerated, according to a currency expert, who said the greenback’s dominant position must be seized by others, not just relinquished.