Dollar vs. Yuan: China gains as a reserve currency, says IMF - Markets Insider


3/24/2022 12:00:00 AM3 years 1 month ago
by Phil Rosen

The dollar share of international reserves has declined over the past two decades, while the yuan has gained ground, according to an IMF report.

The dollar share of international reserves has been in decline over the past two decades as central banks look to diversify their holdings into the Chinese yuan and other currencies, according to a n… [+1626 chars]

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