BREAKING 🌍💵
📊 U.S. Dollar’s Share of Global FX Reserves Hits Century-Low! 🇺🇸
According to the latest IMF data, the share of the U.S. dollar in global foreign exchange reserves has fallen sharply — now around 56-57% of the world’s total reserve holdings. This is the lowest level since the mid-1990s / lowest this century as central banks diversify into other currencies like the Euro 🇪🇺, Yen 🇯🇵, Pound 🇬🇧, and even gold 🪙. �
data.imf.org +1
🌐 What’s happening?
🔹 Central banks are reducing reliance on the dollar
🔹 Diversifying into other currencies & assets
🔹 Dollar’s share has been trending down over the past 2–3 decades as global financial systems shift 🌏
🔹 Still the #1 reserve currency — but its dominance is gradually easing 📉 �
data.imf.org +1
💡 Why this matters:
➡️ A lower dollar share can influence global borrowing costs, exchange rates, and international trade dynamics.
➡️ Signals a long-term shift in how nations manage their foreign exchange reserves. �
data.imf.org
📌 Fact Check: This decline mainly reflects global diversification and currency valuation changes, not necessarily central banks dumping dollars outright. �
