Global central banks plan to reduce the share of the dollar in their international reserves for the first time in the coming decade.
According to Reuters, this shift is driven by rising political risks associated with the US currency and expectations of a transition to a more multipolar global financial system.
Central banks intend to increase investments in gold and show interest in other reserve currencies, including the British pound, Norwegian krone, and New Zealand dollar. The survey involved 90 central banks, pension funds, and sovereign wealth funds.
