Birdwatch Note Rating
2024-02-20 22:00:23 UTC - NOT_HELPFUL
Rated by Participant: 0CF07AA1007A208B1B3FFBE2EB4E8299261773719BE4FEDF6D10374B9D95266F
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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