Over the last ~25 years, the use of the U.S. Dollar for fore...
Over the last ~25 years, the use of the U.S. Dollar for foreign exchange reserves has steadily declined from 72% to 59%.
Meanwhile, Euro usage is up slightly from 19% to 21%.
The most important part?
“Other” currencies, including the Chinese Yuan, soared from 4% to 10%.
Meanwhile, Euro usage is up slightly from 19% to 21%.
The most important part?
“Other” currencies, including the Chinese Yuan, soared from 4% to 10%.
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razo2 : China is going to lead the world soon. US is left with alot of debts to pay. this is clearly shown in the oil dollar.