GIC, Franklin Templeton Keep the Faith on Dollar Dominance

Doubts surrounding the US dollar’s position as the pre-eminent currency of global finance are overblown, according to GIC Pte’s Lim Chow Kiat and Franklin Templeton’s Jenny Johnson.

“I don’t think there’s a question about the dollar’s dominance — I think there’s a question about how much it gets chipped away,” Johnson said at the Bloomberg New Economy Forum in Singapore on Wednesday.