Birdwatch Note Rating
2024-02-20 22:08:13 UTC - NOT_HELPFUL
Rated by Participant: EC1071DE271642F9BACDCDAD611F59FC37DE4B29FB2F3482E36F0592200A2C75
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