{
  "type": "article",
  "title": "Exporters and Investors Keep Choosing the Greenback as Re-Dollarization Picks Up Pace",
  "summary": "Economists at Standard Chartered say exporters and investors worldwide are still parking their earnings in the US dollar, which is undercutting the talk of de-dollarization.",
  "content": "Exporters and investors around the world are quietly voting with their wallets, and the vote keeps landing on the US dollar. A growing number of countries and companies are turning back to the greenback for trade and settlements. Economists at Standard Chartered believe exporters continue to hold on to the dollar, finding it far more appealing than their own local currencies.\n\nTaiwan offers a striking illustration of the trend. The figures show that the country converts just $2 out of every $100 in export earnings into the New Taiwan dollar. The remaining $98 stays in US dollars, largely because the currency is more stable, more powerful, and extremely liquid.\n\nA Gap Between Leaders' Speeches and Business Reality\nDivya Devesh, Standard Chartered's co-head of FX Research, calls the shift 're-dollarization', a swing back toward the dollar. “We're not really in this de-dollarization camp,” she said. Devesh explained that even as several national leaders urge their companies to prioritize local currencies, businesses are still clinging to the dollar, treating it as a way to keep their revenues secure. That, she noted, is where a clear disparity opens up between the rhetoric of political leaders and how companies actually want to protect their earnings.\n\nUS Equities Still Pulling In Foreign Money\nIt is not just the currency that looks attractive. According to Devesh, the American stock market remains a magnet for foreign investors too. She sees re-dollarization playing out in two ways at once, with exporters holding on to their dollars and investors continuing to find US equities well worth their money. That is why the United States still commands the monetary market, even after facing serious challenges since 2022. Devesh stressed that the alternative currencies on offer simply are not compelling enough for business.\n\nWhy the Dollar's Dominance Is Not Slipping\nDevesh also argued that while re-dollarization is gathering momentum, the de-dollarization trend is fading. She does not expect the dollar to shed its safe-haven status in the near or medium term merely because of the budget deficit. The dollar remains the most productive currency in the world, and without it global businesses could face heavy losses. That is precisely why companies are circling back to it, despite the calls from their leaders to switch to local currencies. Taken together, the shift signals that the dollar's dominant position looks set to stay.\n\nWhat this means for you\nWhat this means for you:\n\n• A dollar that stays strong and stable remains the benchmark of trust in global trade, which feeds through to currency markets and the cost of imports and exports.\n• For investors, the signal is clear that US equities keep drawing foreign money, so demand for dollar-based assets is unlikely to fade quickly.\n\nQuestions & Answers\n\n1. What does re-dollarization mean?\nIt is the trend where companies and countries are turning back to the US dollar for trade and settlements and keeping their earnings in dollars.\n\n2. Why is Taiwan's example important?\nTaiwan converts only $2 out of every $100 in export earnings into the New Taiwan dollar and keeps the remaining $98 in US dollars.\n\n3. Why are businesses preferring the dollar?\nBecause the dollar is more stable, powerful and highly liquid, which lets them keep their revenues secure.\n\n4. Can the dollar lose its safe-haven status?\nAccording to Divya Devesh, the dollar is not going to lose its safe-haven status in the near or medium term simply because of the budget deficit.\n\n5. What is the gap between leaders and companies?\nLeaders in several countries are urging companies to prioritize local currencies, but businesses are still clinging to the dollar to protect their revenues.",
  "url": "https://trendkia.com/en/market/ameriki-dollar-ki-vapasi-teja-karobari-aura-niveshaka-phira-lauta-rahe-greenback-ki-ora-9391",
  "category": "Market",
  "publishedAt": "2026-07-21",
  "tags": [
    "re-dollarization",
    "US dollar",
    "de-dollarization",
    "Standard Chartered",
    "Divya Devesh",
    "Taiwan",
    "forex",
    "US equities"
  ],
  "language": "en",
  "site": "TrendKia"
}