Dollar Dominance Dwindles as Central Banks Diversify Reserves ...Middle East

OILPRICE - Economy
Dollar Dominance Dwindles as Central Banks Diversify Reserves
source : OILPRICE ( Middle East ) () 59
The US dollar lost further ground as global reserve currency among many reserve currencies held by central banks. Its share has been zigzagging lower for many years as central banks have been diversifying their holdings to assets denominated in currencies other than the dollar. And they’ve also been diversifying into gold. But the dollar remains by far the dominant global reserve currency. The share of USD-denominated foreign exchange reserves fell to 57.4% of total exchange reserves the lowest since 1994, according to the IMF’s COFER…

Read More Details
Finally We wish PressBee provided you with enough information of ( Dollar Dominance Dwindles as Central Banks Diversify Reserves )

Also on site :

Most viewed in Economy
YäRKEN Raises Funds from 1982 Ventures to Expand AI-Driven IT Financial Management Across North American Enterprise Clients
PR Newswire - before 8 hours & 14 minute
Guyana Should Hedge Against Oil Price Slumps, Ex Finance Minister Says
OILPRICE - before 8 hours & 10 minute
Morgan Stanley Slashes Brent Oil Price Forecast to $62.50
OILPRICE - before 10 hours & 11 minute
Army suspends helicopter flights to Pentagon after airliners abort landings
Washington Post - before 6 hours
Saudi Arabia Raises Oil Price to Asia as OPEC+ Boosts Supply Further
OILPRICE - before 11 hour & 53 minute
Cenomi Centers and Unibail-Rodamco-Westfield forge landmark partnership to shape future of retail real estate in KSA
ٍٍٍSaudi Gazette - before 11 hour & 48 minute
Trump calls for 100 percent tariff on foreign-made films to save ‘dying’ Hollywood
Washington Post - before 8 hours & 57 minute
Incoming German chancellor Merz vows reforms and investments as parties sign coalition agreement
CNBC - before 11 hour & 41 minute
RuggON Showcases AI-Driven Rugged Fleet Solutions at WasteExpo 2025, Empowering Smarter & Greener Waste Management
PR Newswire - before 9 hours & 40 minute
Trump: Low Oil Prices Put U.S. In Good Negotiating Position With Russia
OILPRICE - before 4 hours & 44 minute
Europe's Hunt for Natural Resources in Central Asia
OILPRICE - before 5 hours & 26 minute
Where Trump is likely getting his $1.98 gas price figure
CNBC - before 4 hours & 52 minute


Latest News

Rite Aid files for bankruptcy less than a year after exiting Chapter 11

before 11 minute

Big Oil Isn’t Backing Down at $60 Oil

before 32 minute

Smart Digital Group Limited Announces Closing of Initial Public Offering

before 36 minute

Could your ex get your pension when you die? Here’s how to check

before hour & 21 minute

U.S. Locks in Rare Earth Deal with Ukraine, but Payoff May Take a Decade

before hour & 40 minute

Ford suspends 2025 guidance amid $2.5 billion tariff impact

before 2 hours & 18 minute

Big Oil Holds Steady on Dividends Despite Oil Price Slump

before 2 hours & 34 minute

OpenAI Backs Down on Restructuring Amid Pushback

before 2 hours & 50 minute

EMQ Enters New Era of Growth Following Strategic Acquisition and Brand Expansion

before 2 hours & 54 minute

Mauritania: Mauritania Promotes Mineral and Agricultural Assets and Promises Reforms to Attract Investors

before 3 hours & 12 minute

Russia Backs Iraqi Push To Reopen Key Oil Pipeline To Syria As Gateway To Europe

before 3 hours & 26 minute

Ford Says Tariffs Will Cost Company $1.5 Billion in 2025

before 3 hours & 26 minute

8 Berkshire Hathaway companies that Warren Buffett is handing over to Greg Abel

before 3 hours & 50 minute

Flynas announces IPO plans with 30% stake to be listed on Saudi Exchange

before 4 hours & 18 minute

IAC Earnings Release Available on Company's Website

before 4 hours & 27 minute