IMF Data Shows Decline in US Dollar Dominance






Recent data from the International Monetary Fund (IMF) points to an ongoing decline in the U.S. dollarโ€™s share of allocated foreign reserves held by central banks and governments. Economists explained that reserve managers are attracted to nontraditional reserve currencies โ€œbecause they provide diversification and relatively attractive yields, and because they have become increasingly easy to [โ€ฆ]

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