Birdwatch Note Rating
2024-02-20 21:36:40 UTC - NOT_HELPFUL
Rated by Participant: 4F528F391FEBE5CF3AC3CAA7C28BCBB5DD23B35B84DC68CC1E3592F17FE84A7E
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