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Share of dollar in global reserves lowest in 28 years IMF

The freezing of Russia?s forex holdings has accelerated de-dollarization around the world, experts say

The process of diversifying away fr ....

United States , Saudi Arabia , Geoffrey Yu , Stephen Jen , Toscafund Hong Kong , Mark Tinker , International Monetary Fund , International Settlements , International Monetary , Banking News ,

GRAPHIC-The end of King Dollar? The forces at play in de-dollarisation

After Russia, nations are questioning "what if you fall on the wrong side of sanctions?" said BNY Mellon strategist Geoffrey Yu. The yuan's share of global over-the-counter forex transactions rose from almost nothing 15 years ago to 7%, according to the Bank for International Settlements (BIS). ....

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The end of King Dollar? The forces at play in de-dollarisation

Russia's sanctions-imposed exile from global financial systems last year also fuelled speculation that non-U.S. allies would diversify away from dollars ....

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The end of King Dollar? The forces at play in de-dollarisation - Markets

LONDON: Rivalry with China, fallout from Russia’s war in Ukraine and wrangling once again in Washington over the US. ....

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Calls to move away from the U.S. dollar are growing — but the greenback is still king

Calls to move away from the U.S. dollar are growing — but the greenback is still king
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Saudi Arabia , United States , Natwest Chia , Cedric Chehab , Marcos Caramuru , Galvin Chia , Anwar Ibrahim , Mark Tinker , Toscafund Hong Kong , Fitch Solutions , Federal Reserve , Asian Monetary Fund , Us Treasury Department , Ministry Of External Affairs , Currency Composition Of Foreign Exchange Reserves , Southeast Asian , Foreign Exchange Reserves , President Lula , Prime Minister Anwar Ibrahim , External Affairs , Natwest Markets , Middle East ,