Birdwatch Note Rating
2024-02-20 21:07:27 UTC - NOT_HELPFUL
Rated by Participant: 443236F433F5CE375CDDCC58021E8BFB3772E942EEB2029615344FAE44DEE47D
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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