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Status of US Dollar as Global Reserve Currency: USD Share Plunges to Lowest since 1994, as USD Exchange Rates Tank, Central Banks Diversify
wolfstreet.com/2025/10/02/status-of-us-dollar-as-global-reserve-currency-usd-share-plunges-to-lowest-since-1994-as-usd-exchange-rates-tank-central-banks-diversify
The rise of the “non-traditional reserve currencies.”
By Wolf Richter for WOLF STREET.
The dollar’s status as dominant global reserve currency just took another steep dive. The share of USD-denominated assets held by other central banks plunged to 56.3% of total foreign exchange reserves…
This story appeared on wolfstreet.com, 2025-10-02 20:12:31.