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De-Dollarization Is Happening at a ‘Stunning’ Pace, Jen Says

(Bloomberg) -- The dollar is losing its reserve status at a faster pace than generally accepted as many analysts have failed to account for last year’s wild exchange rate moves, according to Stephen Jen. Most Read from BloombergWorthless Degrees Are Creating an Unemployable Generation in IndiaApple, Goldman Sachs Debut Savings Account With 4.15% Annual YieldOne Tesla Deal Propels Little-Known Family to $800 Million FortuneFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingA