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World News@lemmy.mlEnglish · 1 year ago

U.S. dollar’s share of global foreign exchange reserves has fallen from 73% to 58% over the last two decades. Taking into account, the currency exchange rates, dollar’s actual share is 47%.

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cross-posted to:
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U.S. dollar’s share of global foreign exchange reserves has fallen from 73% to 58% over the last two decades. Taking into account, the currency exchange rates, dollar’s actual share is 47%.

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

World News@lemmy.mlEnglish · 1 year ago

1

cross-posted to:
genzedong@lemmygrad.ml

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Skooby1@lemmy.world
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1 year ago
Dedollarization has begun. Takes a long time to get dollar denominated debts off balance sheets and to replace it with alternatives though.

Slowly but surely.

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