Birdwatch Note Rating
2024-02-20 22:46:06 UTC - NOT_HELPFUL
Rated by Participant: 3DF6CA01513877C0BD7FDD243DE631EB9851FED51406D5371F75DDD0F65ECB6A
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
All Note Details