Birdwatch Note Rating
2024-02-20 22:00:57 UTC - SOMEWHAT_HELPFUL
Rated by Participant: B257DA39C06FB3F49DF37F2DB207715C3951CBB18F0DECA27D22B59FDBB2F486
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