European Central Bank President: The dominance of the US dollar is becoming uncertain.

On May 27, Jin10 reported that on May 26 local time, European Central Bank President Christine Lagarde delivered a speech at a forum in Berlin. Lagarde stated that the current US dollar-based International Monetary System is becoming uncertain, and Europe needs to reform from multiple perspectives to reduce its impact from changes in the international order. Lagarde further explained that current global multilateral cooperation is being replaced by Zero-sum Game and bilateral power struggles, with openness yielding to protectionism, and even the cornerstone of this system—the dominance of the dollar—has become uncertain.