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World still (reluctantly) loves the dollar

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Even pushing the U.S. government to the brink of default is unlikely to shed the American dollar's status as the world's reserve currency, according to CNNMoney.

The reason? Markets have no other choice.

"There's no other reserve currency. There's nothing remotely close," said Jason DeSena Trennert, the chief investment strategist at Strategas, in an interview with CNNMoney. "It's not a divine right, but the U.S. is basically winning by default."

Read more from CNNMoney.

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