{"id":32178,"date":"2026-03-21T13:05:19","date_gmt":"2026-03-21T12:05:19","guid":{"rendered":"https:\/\/phoneenglish.es\/blog\/?p=32178"},"modified":"2026-04-21T14:26:19","modified_gmt":"2026-04-21T12:26:19","slug":"could-the-dollar-lose-its-dominance","status":"publish","type":"post","link":"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/","title":{"rendered":"Could the Dollar Lose Its Dominance?"},"content":{"rendered":"\n<p><strong><em>B2 &#8211; Upper Intermediate<\/em><\/strong><\/p>\n\n\n\n<p>Since the end of World War II, the dollar has dominated and shaped global trade and finance. Investors have generally felt secure and confident in the United States. However, reserve managers\u2019 diversification into other currencies has led to a noticeable decline in dollar holdings in recent years, signaling a shift in confidence as they seek to mitigate risks associated with currency fluctuations and geopolitical uncertainties.<\/p>\n\n\n\n<p>To discover more about the potential for the dollar to lose its dominance, watch the video below.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Could the dollar lose its dominance? | The Economist\" width=\"580\" height=\"326\" src=\"https:\/\/www.youtube.com\/embed\/-Eus0cmM7Lg?wmode=transparent&amp;rel=0&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><strong>Vocabulary Questions:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>What is a&nbsp;<strong>\u201clinchpin\u201d<\/strong>?&nbsp;<em>\u201cFor eight decades the US dollar has been the <strong>linchpin<\/strong> of global trade and finance.\u201d&nbsp;<\/em>Use this term in a sentence. Give a similar expression.<\/li>\n\n\n\n<li>What does&nbsp;<strong>\u201cto hedge someone&#8217;s exposure\u201d&nbsp;<\/strong>mean?<em>&nbsp;<\/em>\u201c<em>Over the past year in particular investors have become much keener <strong>to<\/strong> <strong>hedge their exposure<\/strong> to dollars.\u201d&nbsp;&nbsp;<\/em>Use this expression in a sentence. Give a similar expression.<\/li>\n\n\n\n<li>What does \u201c<strong>fiscal and monetary trajectory<\/strong>\u201d mean?&nbsp;<em>\u201cThe more people use it use it, the more others want to use it too, but anxiety about America&#8217;s <strong>fiscal and monetary trajectory <\/strong>is growing\u201d<\/em>&nbsp;Use this idiom in a sentence. Give a similar expression.<\/li>\n<\/ol>\n\n\n\n<p><strong>Discussion Questions:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>What factors might put an end to the dollar&#8217;s hegemony?<\/li>\n\n\n\n<li>Is it difficult to dethrone the dollar dominance? Elaborate your answer.<\/li>\n\n\n\n<li>If the dollar starts losing its dominance, which currency could best replace the dollars? Why this currency?<\/li>\n\n\n\n<li>How difficult is it to develop trust in international and financial trade?<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>B2 &#8211; Upper Intermediate Since the end of World War II, the dollar has dominated and shaped global trade and finance. Investors have generally felt secure and confident in the United States. However, reserve managers\u2019 diversification into other currencies has led to a noticeable decline in dollar holdings in recent years, signaling a shift in [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[291,39,292,290,14],"class_list":["post-32178","post","type-post","status-publish","format-standard","hentry","category-homework","tag-b2-upper-intermediate","tag-finance","tag-first-certificate-fce","tag-listening","tag-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Could the Dollar Lose Its Dominance? | phone english blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Could the Dollar Lose Its Dominance? | phone english blog\" \/>\n<meta property=\"og:description\" content=\"B2 &#8211; Upper Intermediate Since the end of World War II, the dollar has dominated and shaped global trade and finance. Investors have generally felt secure and confident in the United States. However, reserve managers\u2019 diversification into other currencies has led to a noticeable decline in dollar holdings in recent years, signaling a shift in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/\" \/>\n<meta property=\"og:site_name\" content=\"phone english blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/phoneenglish.es\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-21T12:05:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-21T12:26:19+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@phoneenglishes\" \/>\n<meta name=\"twitter:site\" content=\"@phoneenglishes\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/#organization\",\"name\":\"PHONE ENGLISH\",\"url\":\"https:\/\/phoneenglish.es\/blog\/\",\"sameAs\":[\"https:\/\/facebook.com\/phoneenglish.es\",\"https:\/\/www.linkedin.com\/company\/phoneenglish\",\"https:\/\/twitter.com\/phoneenglishes\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/phoneenglish.es\/blog\/wp-content\/uploads\/2020\/05\/phone-english1.png\",\"contentUrl\":\"https:\/\/phoneenglish.es\/blog\/wp-content\/uploads\/2020\/05\/phone-english1.png\",\"width\":200,\"height\":124,\"caption\":\"PHONE ENGLISH\"},\"image\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/#website\",\"url\":\"https:\/\/phoneenglish.es\/blog\/\",\"name\":\"phone english blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/phoneenglish.es\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/#webpage\",\"url\":\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/\",\"name\":\"Could the Dollar Lose Its Dominance? | phone english blog\",\"isPartOf\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#website\"},\"datePublished\":\"2026-03-21T12:05:19+00:00\",\"dateModified\":\"2026-04-21T12:26:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/\",\"url\":\"https:\/\/phoneenglish.es\/blog\/\",\"name\":\"Blog\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/#webpage\"}}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/#webpage\"},\"author\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#\/schema\/person\/e5f3de4dca151e20221f78f99bf1cfa6\"},\"headline\":\"Could the Dollar Lose Its Dominance?\",\"datePublished\":\"2026-03-21T12:05:19+00:00\",\"dateModified\":\"2026-04-21T12:26:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/#webpage\"},\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/phoneenglish.es\/blog\/#organization\"},\"keywords\":[\"B2 - Upper intermediate\",\"finance\",\"First Certificate FCE\",\"Listening\",\"video\"],\"articleSection\":[\"Homework\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/phoneenglish.es\/blog\/2026\/03\/could-the-dollar-lose-its-dominance\/#respond\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/phoneenglish.es\/blog\/#\/schema\/person\/e5f3de4dca151e20221f78f99bf1cfa6\",\"name\":\"beth\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","_links":{"self":[{"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/posts\/32178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/comments?post=32178"}],"version-history":[{"count":5,"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/posts\/32178\/revisions"}],"predecessor-version":[{"id":32336,"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/posts\/32178\/revisions\/32336"}],"wp:attachment":[{"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/media?parent=32178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/categories?post=32178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phoneenglish.es\/blog\/wp-json\/wp\/v2\/tags?post=32178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}