Enra on Nostr: The Dollar Is Dead, Everyone Is Trading In Yuan!! but... only 1.33% of global ...
The Dollar Is Dead, Everyone Is Trading In Yuan!!
but... only 1.33% of global payments were in yuan in January, compared with
- 40% in US dollars,
- 38% in Euros,
- 7% in pounds and
- 3% in yen.
And the world’s central banks hold around 60% of their reserves in USD.
but... only 1.33% of global payments were in yuan in January, compared with
- 40% in US dollars,
- 38% in Euros,
- 7% in pounds and
- 3% in yen.
And the world’s central banks hold around 60% of their reserves in USD.