Re:De-Dollarization Facts
by TMWNN on Saturday June 17, 2023 @05:07PM
(#36374610)
That "cope" is by a Stanford PhD economics student who has a Wharton MBA and Harvard MPA, and worked at Goldman Sachs.
The data supports the "cope". At 58.4%, the US dollar's share of global currency reserves is comparable to that in 1995 and 1985. It has declined from its 21st-century high, but so has the Euro. The renminbi has more than doubled ... from 1.1 to 2.7%.<https://en.wikipedia.org/wiki/Reserve_currency#Global_curren...>
The data supports the "cope". At 58.4%, the US dollar's share of global currency reserves is comparable to that in 1995 and 1985. It has declined from its 21st-century high, but so has the Euro. The renminbi has more than doubled ... from 1.1 to 2.7%.<https://en.wikipedia.org/wiki/Reserve_currency#Global_curren...>