Wolf Richter: Status of US Dollar as Global Reserve Currency: Central Banks Diversify from USD-Assets to Other Currencies and to Gold
Long, slow erosion of the US dollar’s dominance. China’s renminbi keeps losing ground, many other currencies gain, as does gold. Guest post from Wolf Richter at WolfStreet.com: The US dollar is still by far the most dominant global reserve currency, among many reserve currencies held by central banks, but its share has been […]
Source: https://dollarcollapse.com/wolf-richter-status-of-us-dollar-as-global-reserve-currency-central-banks-diversify-from-usd-assets-to-other-currencies-and-to-gold/
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