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Taking a longer view, over the last two decades, the fact that the value of the US dollar has been broadly unchanged, while the US dollar’s share of global reserves has declined, indicates that central banks have indeed been shifting gradually away from the dollar.BNEIMF: Dollar’s "stealth erosion" in global reserves by other currenciesSerkan Arslanalp for the IMF, Barry Eichengreen, Chima Simpson-Bell
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Taking a longer view, over the last two decades, the fact that the value of the US dollar has been broadly unchanged, while the US dollar’s share of global reserves has declined, indicates that central banks have indeed been shifting gradually away from the dollar.BNEIMF: Dollar’s "stealth erosion" in global reserves by other currenciesSerkan Arslanalp for the IMF, Barry Eichengreen, Chima Simpson-Bell
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Mike Norman considers the following as important:
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Taking a longer view, over the last two decades, the fact that the value of the US dollar has been broadly unchanged, while the US dollar’s share of global reserves has declined, indicates that central banks have indeed been shifting gradually away from the dollar.BNE
IMF: Dollar’s "stealth erosion" in global reserves by other currencies
Serkan Arslanalp for the IMF, Barry Eichengreen, Chima Simpson-Bell