Currency The Quandary around Dollar hegemony Updated : October 27, 2020 07:56 AM IST The Dollar recent weakness is largely driven by shorter-term cyclical factors and is unlikely to overpower in the long run. A peek into history reveals that the US Dollar has remained an anchor currency for the global economy in the post-World War II period. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.