LIKE ALL CURRENCY, SITTING IN THE WORLD BANK BASKET OF CURRENCY. AT THE DATE OF THIS PUBLICATIONN, THE CHINESE YUAN RENEMININBI [1] CNY = 0.138350 USD THE THE USD IS NOTHING MORE THAN PIECES OF PAPER WITH DIFFERENT NUMBERS PRINTED ON IT TO APPROXIMATE THE EXCHANGE RATE VALUE OF THE PAPER. WHAT MAKES THE DOLLAR STRONG IS NOT THE PAPER IT IS PRINTED ON, EVEN AS IT CONTINUES TO ERODE DUE TO BIDEN'S FALSE CONCEPT OF100% BASED GLOBAL PEOPLES TRUST IN THE NATION THAT STANDS BEHIND THE VALUE OF THE PAPER ANDTHEIR FAITH IN THE STRONG AM ERICAN PEOPLE WHIO STAND BEHIND THAT DOLLAR.
MOST FOREIGN RESERVE CURRENCIES ARE IN USD
The USD is not the onlty reserve currency as shown on the chart below. However it is the most widly held and the most trusted. You can check the value set by the value of each currency against the USD at this link to the World Bank. There are other ways to determine currency value look at GDP comparisons, trade, and Markets and demand. While Russia is currently sinking because od Putins irrational obsessive war, it is working with US enemies to barter with them, thus diluting the USD. looks like that plan is working as well as Putin'sr strategies.
THE ONLY REAL STANDARDS CHINA HAS ARE WHAT IS TEMPORARLY DICTATED TO THEM FROM THEIR CHAIRMAN WHO HAS AMBITIONS TO BECOME THEIR GOD.
THE LAUGHABLE IRONY IS RICH; THAT WITH SUCH A N AMBITION.
WHY?
BECAUSE ALL THROUGH THEIR FOUNDIONAL BELIEF SYSTEM THERE IS NO GOD. XI IS THEIR ONLY GOD HE IS BUT A FLESH AND BLOOD MORTAL MAN WHO IS FALLABLE AND VULNERABLE. HE WILL GROW OLD, WEAK AND DECREPIT LIKE JOE BIDEN, OR PUTIN AND ALL THE OTHER DEAD DICTATORS WHO PRECEEDED HIM. HE WILL DIE AND SINCE THEY HAVE NO ETERNAL ALL POWERFUL BEING TO SUSTAIN THEIR MASSIVE CORRUPTION AND REPRESSION, LIKE MANY NATIONS BEFORE THEM, THEY WILL FAIL AND WITHER AWAY TO BE REPLACED AS THEY FALL INTO THE ASH HAP OF HISTORY . HIS STATE DICTATED RULES AND REQULATIONS, ARE ASED ON DEHUMANIZING ATHIESISM THAT DOES NOT RECOGNIZE THE INDIVIDUAL SPITIT WHICH THE SUPREME, ALL POWERFUL BEING HAS BESTWED ON EACH LIVING BEING AT BIRTH.. THIS SAME THING COULD HAPPEN TO THE US WITH BIDEN AT THE HELM BEING DIRECTED BY THE CCP. TO DATE, WE HAVE THKEN A BEATNG UNDER HIS CORRUPT, TREASONOUS LEADERSHIP
CHINA IS A CORRUPT FINANCIAL SYSTEM DICTATED BY MORONS RUNNUNG THE PRINTING HOUSE WE CALL THE TREASURY. WHAT YOU ARE TRYING TO DO IS DOOMED TO FAIL. BIDEN, HIS WEAPONONIZED AND POLITICIZED AGENTS WHO ARE ACTUALLY BOUGHT AND PAID FOR BY THE TAX
