De-dollarization

Global USD Reserves Slip: Is the Greenback’s Reign on Borrowed Time?

cc Flickr Eli Christman, modified, https://flickr.com/photos/gammaman/6242455757/in/photolist-avCdBx-2hhozbQ-62QFjm-aLc1VT-2i6pCjp-2icC4Gt-2icwvz7-2ia5Bbw-2i3yugu-2i8wN3w-2i23mAF-2i7W8GR-2ibcEtN-2ibNKPQ-2i1Vke7-2i3bnMg-2iaXyhV-2i5sCbY-2kPPxRq-2kxjqvh-2i2GGbh-2i7MXi6-2i82ZHC-ziCmyT-shZX3u-bCUKxf-ca3j71-2aQUy93-2icRX8K-bbv8AK-29f18vk-2icreYh-2icf2xZ-2i5yVmT-2iaNgBx-2i2QFSv-2i53Lgv-iYF9SK-2idjDWL-2gTDx9A-2gTEp5J-cbUUMy-atMLeP-ShVoJ5-QAEWUq-SSLhvc-6Ax7wx-iYKFrn-2iQxkNR-2iYqTrr

The greenback’s position as premier reserve currency continues to erode, albeit slowly.

Russia’s National Wealth Fund Ditches US Dollar

Vice President Joe Biden greets Russian Prime Minister Vladimir Putin at the Russian White House, in Moscow, Russia, March 10, 2011. (Official White House Photo by David Lienemann), cc White House, modified, https://commons.wikimedia.org/wiki/File:Vice_President_Joe_Biden_greets_Russian_Prime_Minister_Vladimir_Putin.jpg

Moscow took another step toward de-dollarization this week, the latest in a gradual process that has been unfolding for years.

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