【U.S. Treasury Secretary Yellen: No other currency can compare to the U.S. dollar】Golden Finance reports that U.S. Treasury Secretary Yellen stated that the U.S. dollar is and will continue to be crucial for the U.S. as the world's primary reserve currency. The dollar's status is indeed based on our strong macroeconomic performance, low inflation, robust institutions, strong capital markets, rule of law, and very deep and liquid capital markets. There is truly no other currency that can compare to the dollar. Confidence in the dollar's status will ensure that we continue on a sound fiscal path, which indeed requires reducing the deficit in the coming years and continuing to focus on keeping the real net interest cost of debt close to historical levels and below 2%; this is very important.