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Dollar Dominance Under Threat | Raleigh News
Central banks are quietly pivoting away from U.S. dollar dominance, driven less by rivals and more by risk—political instability and global tensions are pushing them toward a multipolar financial future. The dollar’s share of global reserves, once near peak, is now slowly declining, accelerated by events like Russia’s frozen reserves in 2022. Gold is surging as a safer alternative, now holding more reserve weight than U.S. Treasuries for the first time since 1996. This isn’t panic—it’s a strategic, long-term diversification effort, also fueled by AI investments. While the dollar has seen…
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