The US dollar has just hit the lowest global reserve weight in 32 years. Currently, the US dollar accounts for only 56.9% of global reserves, down from a peak of 72%.
Central banks are actively reducing their dollar holdings as US debt, budget deficits, and global confidence in the long-term stability of the dollar continue to decline.
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The US dollar has just hit the lowest global reserve weight in 32 years. Currently, the US dollar accounts for only 56.9% of global reserves, down from a peak of 72%.
Central banks are actively reducing their dollar holdings as US debt, budget deficits, and global confidence in the long-term stability of the dollar continue to decline.