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cryptonews 2021-05-06 18:00:00

US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low

Serkan Arslanalp is Deputy Division Chief in the Balance of Payments Division of the International Monetary Fund (IMF)’s Statistics Department. Chima Simpson-Bell is an Economist in the same department.____The share of US dollar reserves held by central banks fell to 59%—its lowest level in 25 years—during the fourth quarter of 2020, according to the IMF’s

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