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FED: U.S. Cocktail of Growth and Inflation :: The Market Oracle ::

FED: U.S. Cocktail of Growth and Inflation :: The Market Oracle ::
marketoracle.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketoracle.co.uk Daily Mail and Mail on Sunday newspapers.

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US Dollar Share of Global Forex Reserves Drops to 25-Year Low

Ndubuisi Francis in Abuja
The share of United States dollar reserves held by central banks across the world fell to 59 per cent its lowest level in 25 years, during the fourth quarter of 2020.
This is according to the just-released International Monetary Fund’s (IMF) Currency Composition of Official Foreign Exchange Reserves (COFER) survey.
Some analysts claimed this partly reflected the declining role of the US dollar in the global economy, in the face of competition from other currencies used by central banks for international transactions.
If the shifts in central bank reserves were large enough, they could affect currency and bond markets. ....

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Does the Great Reset involve the rise of the digital yuan, fall of the dollar?

By: Andrew Moran
The global economy is in the early days of digitalizing currencies. Central banks worldwide are either in the infancy period of transitioning to digital money or deliberating digitalization’s pros and cons. After a couple of trials in the post-coronavirus recovery, China is placing its bets on the digital yuan, advancing its scope and reach to become the kingpin of fiat money. But market analysts are only now beginning to show an interest in the virtual yuan, potentially out of fear that it could threaten and undermine the U.S. dollar and inflate its standing among international reserve currencies. Is this a positive step in the diversification of currencies, or will it be more of the same big-government economics? Whatever the case, the red dragon continues to expand its fiery breath across the globe. ....

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Dollar's Share Of Global Reserves Tumbles To Lowest Since 1995 As Yuan Hits All Time High

Dollar's Share Of Global Reserves Tumbles To Lowest Since 1995 As Yuan Hits All Time High
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

Foreign Exchange Reserves , Currency Composition , வெளிநாட்டு பரிமாற்றம் இருப்புக்கள் , நாணய கலவை ,

Cryptoeconomy: Central bank from China is exploring a digital currency cross-border payment project with other centrals banks together.

Cryptoeconomy: Central bank from China is exploring a digital currency cross-border payment project with other centrals banks together.
tynmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tynmagazine.com Daily Mail and Mail on Sunday newspapers.

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