Birdwatch Note Rating
2024-02-20 21:31:12 UTC - NOT_HELPFUL
Rated by Participant: 1298B73AE833B6900597BCAF58CDD4D210DB578D7BECCCD786F8A29C3626F35B
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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