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Central banks diversifying forex reserves from USD & Euro to gold and othe
Updated : 5 months ago IST
Global central banks are gradually diversifying their foreign exchange reserves away from the US dollar and the euro, increasing exposure to other currencies and gold, highlighted a report by CareEdge Ratings.
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There's evidence major central banks diversifying away from USD: Credit Su
Updated : 3 years, 4 months ago IST
At present, the US dollar represents slightly more than 60 per cent of global foreign exchange reserves at central banks, compared to more than 80 per cent in the early 1970s.
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