☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 1 year agoU.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%.archive.phexternal-linkmessage-square3fedilinkarrow-up18arrow-down15
arrow-up13arrow-down1external-linkU.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%.archive.ph☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 1 year agomessage-square3fedilink
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkEnglisharrow-up0arrow-down1·1 year agoExactly, it’s the overall trajectory that matters here. The other factor is that it’s a self reinforcing process, the more countries move off dollar to do trade the easier to becomes for other countries to do so.
Exactly, it’s the overall trajectory that matters here. The other factor is that it’s a self reinforcing process, the more countries move off dollar to do trade the easier to becomes for other countries to do so.