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 · 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%.

freagle · 1 year ago

I was surprised to see France has been doing some business in yuan, then I got to the part where South Korea is bypassing the dollar in deals with the Philippines and my head asplode. What is going on with that one? How could this make any sense for SK to do?

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%.

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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