De-Dollarization Now Evident As Central Banks US Dollar Reserves Drop to Record Lows: JPMorgan

Financial behemoth JPMorgan says the trend of de-dollarization is gaining steam as central banks around the world unload their US dollar holdings. In a new Reuters report, JPMorgan strategists Meera Chandan and Octavia Popescu say that the dollar’s share in central banks’ foreign exchange reserves has dipped to 58%, a record low. JPMorgan analysts also The post De-Dollarization Now Evident As Central Banks US Dollar Reserves Drop to Record Lows: JPMorgan appeared first on The Daily Hodl .