As the longest U.S. government shutdown on record drags into its 27th day, questions are again rising about the dollar's status as the world's reserve funding currency.
The big picture: Bank of England governor Mark Carney said recently that "ultimately we will have reserve currencies other than the U.S. dollar." This isn't a new idea. China’s central bank in 2009 called for a global move away from the dollar after the market turbulence caused by the U.S.-induced global financial crisis.