Ishwar Prasad

So those are all of the key attributes of a reserve currency. If one were looking for an ideal reserve currency, this is what you would want to have.

That is about right.

That is about right.

That is about right.

Yeah, it's a potential rival. Yeah, potential, but Brexit, when the UK left the European Union. The British economy has really struggled since then.

Yeah, it's a potential rival. Yeah, potential, but Brexit, when the UK left the European Union. The British economy has really struggled since then.

Yeah, it's a potential rival. Yeah, potential, but Brexit, when the UK left the European Union. The British economy has really struggled since then.

I mean, this is a very rich economy, but they're just not growing very much there.

I mean, this is a very rich economy, but they're just not growing very much there.

I mean, this is a very rich economy, but they're just not growing very much there.

And they really need exports to grow. Which means they need a weaker yen. So for them, they don't really want it.

And they really need exports to grow. Which means they need a weaker yen. So for them, they don't really want it.

And they really need exports to grow. Which means they need a weaker yen. So for them, they don't really want it.

Collectively, it's a lot. But individually, each of these reserve currencies doesn't amount to very much.

Collectively, it's a lot. But individually, each of these reserve currencies doesn't amount to very much.

Collectively, it's a lot. But individually, each of these reserve currencies doesn't amount to very much.

Yeah, it's, yeah, I wouldn't put that negative spin on it.

Yeah, it's, yeah, I wouldn't put that negative spin on it.

Yeah, it's, yeah, I wouldn't put that negative spin on it.

It has pretty big financial markets, so why not the euro?