Birdwatch Note Rating
2024-02-20 23:02:27 UTC - NOT_HELPFUL
Rated by Participant: A085CA6760A3885648126D0AB68E3D001E80F1A7A8DBA6B57FFE21640ADA943D
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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