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Don't call time on dollar dominance just yet, say analysts as 'petroyuan' call sparks debate

By CNBC April 16, 2026 Neutral
Don't call time on dollar dominance just yet, say analysts as 'petroyuan' call sparks debate
Strategists are debating de-dollarization again after a Deutsche note predicted the rise of the "petroyuan" amid the Iran war. Deutsche's analyst sees the dollar in structural decline but Franklin Templeton responded, saying it saw no alternative to it.
Strategists are debating de-dollarization again after a Deutsche note predicted the rise of the "petroyuan" amid the Iran war. Deutsche's analyst sees the dollar in structural decline but Franklin Templeton responded, saying it saw no alternative to it.