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BaFin Warns: U.S. Dollar's Reserve Status at Risk

1/29/2026

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Story summary
  • On January 28, 2026, BaFin warned of risks to the U.S. dollar's global reserve status.
  • This followed U.S. President Donald Trump’s remarks that the dollar was 'great' despite near a four-year low.
  • BaFin president Mark Branson cited the high potential for sudden price corrections in financial markets.
  • He said risks to German banks from the dollar are manageable.
  • Regulators are closely monitoring refinancing profiles of larger banks heavily reliant on dollar financing.