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- De-dollarization talk has gathered steam – but there's little reason to worry, according to RBC Wealth Management.
- The rival yuan doesn't pose a credible threat to the buck, strategist Alan Robinson said in a recent research note.
- "While China would like its renminbi to topple the dollar, that currency's share of global reserves remains a paltry 2.5%," he wrote.
All the de-dollarization talk of the past few years is probably just noise – because no other currency will be able to unseat the greenback, according to RBC Wealth Management.