Enterprises retain 98 per cent of their earnings in United States dollars, with a return to dollarization trend

the world is gradually moving towards a re-dollarization, with enterprises retaining 98 per cent of the united states dollar and only 2 per cent of the local currency. the exporters of taiwan, an east asian country, are a typical example of this trend, seeking safe storage of value in global supply chains and cross-border transactions, and the united states dollar is considered the most important currency. the return to dollarization shows that, in the face of unstable local currencies, enterprises prefer to retain the dollar to sustain their operations。