US dollar losing its dominance – data ...News

Russia Today - Economy
US dollar losing its dominance – data
source : Russia Today ( News ) () 89
The greenback’s share of global reserves plummeted below 60% in the third quarter of 2023, according to the IMF The US dollar’s share of global central bank reserves has continued to decrease, nosediving to 59.2% in the third quarter of 2023, according to the latest data released by the International Monetary Fund (IMF). The decline comes amid the de-dollarization trend gaining momentum across the globe. IMF statistics show the greenback’s share is down from roughly 70% in 2000. The dollar remains the world’s leading reserve currency with the euro coming second, while the latter’s share has slid to 19.6%. The Japa

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