“ The vast majority of international trades, almost 90%, are invoiced in U.S. dollars or euros, according to a recent analysis by the Federal Reserve Bank of New York. As of the end of last year, the U.S. dollar accounted for 60% of total allocated currency reserves held by central banks.”
“ The vast majority of international trades, almost 90%, are invoiced in U.S. dollars or euros, according to a recent analysis by the Federal Reserve Bank of New York. As of the end of last year, the U.S. dollar accounted for 60% of total allocated currency reserves held by central banks.”