Ajay Banga

And that mix has kind of stayed pretty stable over the years.

There is some very little demand from countries to be borrowing in other currencies.

It could change.

You never say never.

But look, I've just been banking a long time.

And the thing about a currency is that you have to believe that it is fully predictable to you in the sense of no management of the currency beyond what's transparent.

Nothing is predictable in currency.

It can go up and down based on how markets think.

But you want the country to be fully free and floating for you to know that it's a currency you would hold and trade and do business in.

And I think that part is still very much a challenge for many other currencies.

Could there be bilateral deals that happen?

They're already happening, and that could happen.

But that's not large enough to challenge where the dollar stands and sits.

Well, there are two topics here.

The first is the creation of jobs and roles in the developing world, which is actually one of the focus of our spring meetings.

And there the issue is 1.2 billion young people in the developing world are going to become 18 years of age in the coming 15 years.

And right now, those very same countries are projected to create 400 plus million jobs.

Now, these are forecasts.

Economists make them.

People like us, you should treat them with a pinch of salt.