According to Odaily Planet Daily, U.S. Treasury Secretary Yellen stated that the dollar is and will continue to be crucial for the U.S. as the world's primary reserve currency. The dollar's status is based on strong macroeconomic performance, low inflation, robust institutions, strong capital markets, rule of law, and deep and liquid capital markets.

Yellen is confident in the dollar's status and will ensure that the U.S. continues on a sound fiscal path. It is very important to reduce the deficit in the coming years and keep the actual net interest cost of debt close to historical levels and below 2%.