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by scilro
1130 days ago
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The author failed to cite hard numbers, but they can be found elsewhere: https://markets.businessinsider.com/news/currencies/dollar-d... "In a Monday note, strategists Joana Freire and Stephen Jen calculated that the greenback accounted for about two-thirds of total global reserves in 2003, then 55% by 2021, and 47% last year." You can make the argument that the decline of this number will be a lot slower than 2021-2022 going forward, or that it will perhaps bottom out at a relatively high number. But the trend is there. |
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