Birdwatch Note Rating
2024-02-20 22:54:12 UTC - NOT_HELPFUL
Rated by Participant: 851BEEBE6F7D80CD0243575B4498DA97DC572736A9109FA3C234A339187932F2
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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