In 2022, the US Dollar Maintains Its Dominance, While China’s Yuan Gains Share of Global Currency Reserves

In 2022, the Us Dollar Maintains Its Dominance, While China’s Yuan Gains Share of Global Currency Reserves

According to new data released Thursday by the International Monetary Fund, the US dollar has maintained its dominance as the world’s most widely held reserve currency. The dollar’s share of total allocated reserves was 59 percent in the first quarter of 2022, unchanged from the fourth quarter and slightly lower… Continue reading