Dollar Vs. Yuan: US currency's reserve status falls as China's rises - Markets Insider
4/22/2022 12:00:00 AM3 yearsago
by Phil Rosen
by Phil Rosen
The dollar's share of global currency reserves has fallen since the US-China trade war, but the yuan's has risen, JPMorgan analysts wrote Friday.
The US dollar's share of global currency reserves has fallen to its lowest level on record, while China's yuan accounts for a greater share. The dollar's allocation dropped below 59% in the fourth … [+1616 chars]
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