De-dollarization is growing: Even the US Federal Reserve (reluctantly) admits it
Geopolitical Economy Report
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Global Shift from Dollars to Gold in Central Bank Reserves
This chapter explores the global trend of central banks moving away from dollar reserves towards gold, influenced by US sanctions, with both developing and wealthy countries increasing their gold holdings. It emphasizes the rising interest in gold reserves among advanced economies, aligning with the strategies of emerging market central banks.
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