Birdwatch Note Rating
2024-02-20 23:31:34 UTC - NOT_HELPFUL
Rated by Participant: 40B64A7CAA9DB193E5A78EA0FECD637F4BF1D79E5170B916B05516C139ED720D
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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