The dollar’s reserve status continues to sink as well as the euro’s (2022-04-23)
3 months ago
1
The proportion of reserves allocated to US denominated assets has declined about 5% since 2018 and the pace has accelerated in recent quarters.
The dollar's decline is even more dramatic when currency values are factored in.
The euro has seen a net reduction over the last decade. China yuan has seen its share rise.
Per JPMorgan analysis.
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