Birdwatch Note Rating
2024-02-21 14:28:18 UTC - NOT_HELPFUL
Rated by Participant: 031A5DC198171498E70C0980D3340664260F6A27DD0DCF95F4AB8214336B8531
Participant Details
Original Note:
It is not a voluntary decision but mostly due to the sanctions against Russian financial institutions and massively increasing dependence of the Russian economy on China. Still, the US dollar is accounting for over 50% of central bank Forex reserves and 90% of global trade. https://www.cfr.org/backgrounder/dollar-worlds-reserve-currency
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