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  • Africa & World Economy,  Agencies

    US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low

    Joshua Olorunsaiye / May 15, 2021

    The share of US dollar reserves held by central banks fell to 59 percent—its lowest level in 25 years—during the fourth quarter of 2020, according to the IMF’s Currency Composition of Official Foreign Exchange…

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