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Is US dollar’s reign as world’s reserve currency is under threat?

Is US dollar’s reign as world’s reserve currency is under threat?

Last year, global reserve managers cut their U.S. currency holdings as a percentage of their total stockpiles close to the lowest level since the 1990s, International Monetary Fund data show. That may have helped fuel the rush into dollars that occurred as the coronavirus pandemic spread in March, so the next IMF release could reveal a rebound in dollar holdings.






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