Birdwatch Note Rating
2024-02-20 21:36:02 UTC - NOT_HELPFUL
Rated by Participant: D867BDF48B1931E5D6519AC07A5CBCA30653D896AC2B4BE227FE6E34B2770732
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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