Birdwatch Note Rating
2024-02-21 00:04:36 UTC - NOT_HELPFUL
Rated by Participant: F14F95B612BBA21D3FBACECB9DEDECC257B892E86D009189EB604671FE86AEDC
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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