Birdwatch Note Rating
2024-02-21 16:06:11 UTC - NOT_HELPFUL
Rated by Participant: 63038FCA7991662DD791790D9659B2A27F698A5A3B2070A1E894ED68A8EA818A
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