A tripartite alliance that seeks to remove the dollar from the throne of the global economy
Global Central Banks intend to reduce their US dollar reserves, and to shift to Gold , the euro, and the Chinese yuan, in a clear indication of the possibility of overthrowing the green currency from the throne of international cash flows. Financial market research The dollar, the most popular currency in a survey last year, declined this year to the seventh place, noting that the political environment in the United States discourages the resolve of the markets for investing in the dollar." target ="_Blank"> Banks the central in the world manages a collected plan of $ 5 trillion to increase their stocks of gold over the next year or two, which is the highest level in at least five years. The next five." target ="_Blank"> The Chinese and the Chinese are more than the diversification of the central banks of the assets away from the dollar. 16% of the central banks in the survey of the Monetary Institutions Forum said that they are planning to increase their possession of the euro by 7% over the next year or two, followed by the yuan. "Almost certainly the euro share in global reserves will rise during the next few years, not because of the strength of the European economy, but for the decline in the status of the dollar."
Over the next decade, the yuan will become more preferred, as 30% of the central banks expect their possessions to increase, to double its share of global reserves to 6%.
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