A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 2023. According to the report, the continued diversification of global reserve portfolios into nontraditional currencies threatens to further erode the euro’s share of foreign exchange reserves. Euro’s Decline Coincides with US […]
Source: https://news.bitcoin.com/euros-reserve-currency-status-threatened-as-its-share-of-foreign-reserves-holdings-drops/
