Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops – Economics Bitcoin News

[ad_1]

A report from the European Central Financial institution indicated that the euro’s share of overseas alternate reserves declined by one share level to twenty% in 2023. In response to the report, the continued diversification of worldwide reserve portfolios into nontraditional currencies threatens to additional erode the euro’s share of overseas alternate reserves. Euro’s Decline Coincides with US […]

[ad_2]

Source link