US Dollar's Share in Global Reserves Plunges to 30-Year Low

US Dollar’s Share in Global Reserves Plunges to 30-Year Low

from Sputnik News: The US dollar’s “weaponization” against countries like Russia and Iran has increasingly fueled the declining luster of the American currency. Nations, particularly in emerging markets, are turning to currencies outside the US sphere of political and economic influence, with international institutions like the BRICS bloc promoting this trend. TRUTH LIVES on at https://sgtreport.tv/ […]

Dollar share of global currency reserves at 29-year low

Countries have stepped up efforts to move away from the greenback, data shows. The share of the US dollar in global foreign exchange reserves has dropped to its lowest in nearly 30 years, according to the latest data published by the International Monetary Fund (IMF). The statistics tracked by the Washington-based institution show that the greenback's share in official reserves dropped by 0.85% between July and September this year, and now stand…

US Dollar’s Share in Global Reserves Plunges to 30-Year Low – altnews.org

from Sputnik News: The US dollar’s “weaponization” against countries like Russia and Iran has increasingly fueled the declining luster of

News of the Day and the Hour Latest News of the day The US dollar's share in world foreign exchange reserves has fallen to its lowest level in almost three decades, according to data from the International Monetary Fund (IMF). Thus, the statistics of the institution show that in the third quarter of this year the share of the US currency in the international reserve system fell to 57.39 %, representing its lowest level since 1995, when this ind…

The dollar fell for the second consecutive quarter, 0.85%, between July and September of this year and was placed in the lowest figure since 1995. According to data from the International Monetary Fund (IMF), at the end of the quarter, the United States currency fell to 57.4%, specialized means emphasized that the agency does not provide statistics from previous years. In addition to the dollar, the Swiss franc was also another of the currencies…

US Sanctions Causing Dollar to Lose World Reserve Currency Role

US Sanctions Causing Dollar to Lose World Reserve Currency Role US Dollar Percentage of Central Bank Reserves at Lowest Level since IMF began collecting statistics The fools in Washington have shot America in the head. https://www.rt.com/business/610051-dollar-share-forex-reserves/