Odaily News Foreign central banks' forex reserves saw the proportion of US dollars fall to the lowest level since 1995. This change is primarily due to a significant depreciation of the dollar rather than a decrease in holdings. The International Monetary Fund (IMF ) stated on Wednesday that the proportion of US dollars in international reserves dropped to 56.3% during the period from April to June. This ratio decreased by nearly 1.5 percentage points compared to the first quarter, marking a 30-year low. However, when calculated at constant exchange rates, the proportion of US dollars remained largely unchanged. (Jin10 )
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Odaily News Foreign central banks' forex reserves saw the proportion of US dollars fall to the lowest level since 1995. This change is primarily due to a significant depreciation of the dollar rather than a decrease in holdings. The International Monetary Fund (IMF ) stated on Wednesday that the proportion of US dollars in international reserves dropped to 56.3% during the period from April to June. This ratio decreased by nearly 1.5 percentage points compared to the first quarter, marking a 30-year low. However, when calculated at constant exchange rates, the proportion of US dollars remained largely unchanged. (Jin10 )