Birdwatch Note Rating
2024-02-20 23:02:21 UTC - NOT_HELPFUL
Rated by Participant: 97A10557CD9CF2231898A9DAE0BE1640EA4264B44DEDA54F275BCB7C36019C16
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