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Tuesday, October 1, 2019

Dollar’s Share of Global Currency Reserves at 6-Year Low; Yuan’s Share Biggest Ever

The percentage of US dollars held as currency reserves globally dropped to the lowest level in nearly six years in the second quarter of 2019 according to the latest IMF data. Meanwhile, Chinese yuan made up the biggest percentage of reserves ever. The dollar’s shrinking share of global reserves comes as countries like Russia and […]

from SchiffGold.com https://ift.tt/2mxlHN8