IMF data shows gradual decline in dollar's share of global reserves
Edited By WION Video Desk
Published: Jun 12, 2024, 06:05 IST | Updated: Jun 12, 2024, 06:05 IST
Now, we look at whether the dollar is losing its global dominance. International Monetary Fund's data reveals that US dollar's dominance as the world's primary reserve currency is slowly eroding. While it remains the most widely held reserve currency, the share has been declining for the past two decades. This trend continues despite recent strength in the dollar itself.
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