The Data Doesn’t Lie: Dollar’s Global Reserve Share Continues Its Slide According to newly released data from the International Monetary Fund (IMF), the U.S. dollar’s share of global central bank reserves has dropped to 56.92%, down from 58.2% just two years ago and nearly 70% at the turn of the millennium. This is no isolated blip. It's the continuation of a 20-year erosion in dollar dominance, driven by inflationary U.S. policy, excessive debt issuance, and geopolitical backlash. The trend is now being weaponized by BRICS nations—Brazil, Russia, India, China, South Africa, and their growing list of allies. What used to be unthinkable—central banks shedding dollar exposure—is now playing out in real-time, led by aggressive accumulation of gold and growing use…
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