Global Acceleration of "De-dollarization"? OMFIF Survey: 70% of central banks are reluctant to hold US dollars, gold, euro and renminbi are expected to benefit
According to the Financial Times app, managers of trillions of dollars in reserves managed by central banks around the world are considering moving funds from the US dollar to gold, Euro, and the RMB. The division of global trade and geopolitical turmoil are prompting a reevaluation of the flow of funds, and this trend is forming.
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