Fundamental: Status of US Dollar as Global Reserve Currency and Exchange Rates: Slow Long-Term Decline on Track

The share of the US-dollar as global reserve currency dropped to 58.4% at the end of Q4, according to the IMF's new COFER data. This was the dollar's lowest share of global reserve currencies since 1994. Back in 1978, the dollar's share started plunging from around 85% of global exchange reserves as inflation exploded in the US, and other central banks got ...     Alert Apr 3, 2023, 11:33am Fundamental: Status of US Dollar as Global Reserve Currency and Exchange Rates: Slow Long-Term Decline on Track The share of the US-dollar as global reserve currency dropped to 58.4% at the end of Q4, according to the IMF's new COFER data. This was the dollar's lowest share of global reserve currencies since 1994. Back in 1978, the dollar's share started plunging from around 85% of global exchange reserves as inflation exploded in the US, and other central banks got ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support