51 Days
Source:
اقتصاد
Dollar drops 14% over 25 years
Since the beginning of the year, the dollar has depreciated by about 10% against major currencies, due to increasing global movements toward abandoning it in favor of the euro and the yuan, with some countries enhancing their gold and other currency holdings. Despite President Trump's statements about defending the dollar's position, these remarks did not prevent its share in central bank reserves from declining, which has fallen from 70% at the start of the millennium to around 56% currently. As reliance on digital currencies and stablecoins grows, the dollar faces significant challenges, including its declining value relative to gold and its shrinking share in global reserves. This trend supports the expansion of other currencies, such as the Chinese yuan.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)