De-Dollarization Now Evident As Central Banks US Dollar Reserves Drop to Record Lows: JPMorgan
June 07 2023 - 08:04PM
The Daily Hodl
Financial behemoth JPMorgan says the trend of de-dollarization
is gaining steam as central banks around the world unload their US
dollar holdings. In a new Reuters report, JPMorgan strategists
Meera Chandan and Octavia Popescu say that the dollar’s share in
central banks’ foreign exchange reserves has dipped to 58%, a
record low. JPMorgan analysts also […]
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De-Dollarization Now Evident As Central Banks US Dollar Reserves
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