Status of US Dollar as Global Reserve Currency: USD Share Drops to 31-Year Low as Central Banks Diversify into Other Currencies & Gold | Metals Mine

  • Status of US Dollar as Global Reserve Currency: USD Share Drops to 31-Year Low as Central Banks Diversify into Other Currencies & Gold

    From wolfstreet.com

    Foreign central banks have not been dumping US-dollar-denominated assets. But they’ve been loading up on assets in other currencies, and their total holdings of foreign exchange reserves have ballooned, while their USD-assets have remained nearly flat for over 10 years. So the share of USD-denominated exchange reserves dropped to 56.8% of total foreign exchange reserves in Q4, the lowest since 1994, according to the IMF’s data on Currency Composition of Official Foreign Exchange Reserves, released on Friday. It has been zigzagging down toward the 50% line for years. It does have consequences. And it has been ... (full story)

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hoda
Mar 29, 2026 5:55am
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Anti-Trump Protest: Incompetent, child rapist, mentally ill, racist - 'No King's March'
Americans have taken to the streets against President Donald Trump, calling him incompetent, child rapist, mentally ill, racist - all of these extremely derogatory labels. More than 8 million American citizens have participated in the 'No Kings March' program. More than 3,000 protests have taken place in almost all cities in all 50 states of the United States. People upset by the Iran war, anti-immigration policies, mass layoffs, and inflation have taken to the streets to express their anger. They want the US president to resign immediately.

Iran Targets US AWACS E-3 at Prince Sultan Airbase with Missile in Saudi Arabia
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Jwosjw
Mar 29, 2026 2:33am
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Damn, who could have seen this coming.
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bdsilvano
Mar 29, 2026 9:51am
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then BUY XAUUSD then
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Trader#708B
Mar 29, 2026 4:36am
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You can clearly see the impact of presidents on this chart. Carter destroyed all confidence, Regan briefly recovered and then him and bush undermined it. Clinton engendered a massive amount of global respect for the USD. Bush2 was all bad news, Obama finally seemed to make some headway in his second term, and then Trump and Biden continued the decline.

Some lag effects of course. Ford can probably take some blame for Carter's disastrous presidency. I think we can credit Bush senior setting some things up into Clinton's term. One could reasonably argue that Obama's late recovery was a mirage.
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Trader#8E12
Mar 29, 2026 6:45am
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We don't want him to resign, we want our elected officers of the U.S. government to do their jobs and impeach and remove him from office. Then do the same for all of his cabinet members.
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Trader#708B
Mar 29, 2026 4:37am
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Also, Clinton's term may have been a bit of an overshoot. But I think it's reasonable to claim he did pretty good things for the US in terms of its global cred.
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Trader#DB5D
Mar 29, 2026 10:54am
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Bitcoin only selling mark my word easy money made this war
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Trader#DB5D
Mar 29, 2026 11:47am
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Bitcoin selling only 55k
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