Birdwatch Note Rating
2024-02-20 21:30:57 UTC - NOT_HELPFUL
Rated by Participant: 414ABA96B562749AC921229D0523F6B0E27956ADE212CCFBB1B6EC7C7A48FD3F
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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