Morgan Stanley Predicts the Future of the US Dollar: Resilience and Dominance Expected to Continue on Nostr: Ongoing Decline of the US Dollar's Share in Global Reserves =============== #de4497e8 ...
Ongoing Decline of the US Dollar's Share in Global Reserves
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#de4497e8 ver:0.33
Recent data from the IMF's COFER shows a gradual decline in the US dollar's share of global reserves, accompanied by a rise in nontraditional currencies. Contrary to claims, there is no evidence of an accelerating decline due to US financial sanctions. The shift away from dollar dominance is broad and includes major economies, driven by new digital trading technologies. However, the dollar's dominance in international trade and deep liquidity in US debt markets still contribute to its strength as a global reserve currency. #USD #globalreserves #IMF #economy...
#newstr #UsDollar #GlobalReserves #NontraditionalCurrencies #InternationalMonetarySystem
https://here.news/story/de4497e8?ver=0.33
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#de4497e8 ver:0.33
Recent data from the IMF's COFER shows a gradual decline in the US dollar's share of global reserves, accompanied by a rise in nontraditional currencies. Contrary to claims, there is no evidence of an accelerating decline due to US financial sanctions. The shift away from dollar dominance is broad and includes major economies, driven by new digital trading technologies. However, the dollar's dominance in international trade and deep liquidity in US debt markets still contribute to its strength as a global reserve currency. #USD #globalreserves #IMF #economy...
#newstr #UsDollar #GlobalReserves #NontraditionalCurrencies #InternationalMonetarySystem
https://here.news/story/de4497e8?ver=0.33