Treasury Secretary Janet Yellen says to expect a gradual decline in the dollar's share of global reserves, but greenback remains dominant
markets.businessinsider.com
"I would say there is virtually no meaningful workaround for most countries for using the dollar as a reserve currency."
  • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPEnglish
    01·
    2 years ago

    It’s based on SWIFT transaction data. Ben Norton mentioned it in one of his recent videos, but forget which one it was now.