Birdwatch Note Rating
2024-02-20 22:12:54 UTC - NOT_HELPFUL
Rated by Participant: F290246CAB4848A708CA924FC7310D1D35FB8C3E78607FEB99D260B6A45AA7AA
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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