Birdwatch Note Rating
2024-02-20 21:38:45 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 81D0B71E8F91B666C0371F8DBE002CA4CD0A6C3FE7BE58B119C20D1A9377D66B
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