The US Dollar’s Share of Global Reserve Currencies Drops as Japanese Yen’s Share Increases

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The US Dollar's Share of Global Reserve Currencies Drops as Japanese Yen's Share IncreasesThe U.S. dollar’s dominant position as the reserve currency of choice may be in peril, as its share of global currencies held in reserves continues to decline. International Monetary Fund (IMF) data shows, the dollar’s share of reserves dropped from 66% in Q3 of 2014 to just above 60% in Q3 of 2020. This means […]

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