Ranked: The World’s Most Powerful Reserve Currencies
The U.S. dollar remains the dominant global reserve currency, comprising nearly 58% of total reserves, with central banks holding approximately $6.6 trillion in dollar-denominated assets. The euro is the second most significant reserve currency, accounting for about 20% of global reserves. Other currencies like the Japanese yen, British pound, and Chinese yuan hold smaller shares. Despite talks of de-dollarization, the dollar's dominance persists due to its role in global trade and as a safe-haven asset.
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