TOKYO -- The dollar's share of global foreign exchange reserves sank to its lowest year-end level on record in 2024 as countries increasingly broadened their holdings to rely less on a single asset.
Rising interest rates help lift Japanese currency's share for third straight year

While the dollar's share of foreign currency reserves has fallen to a fresh low, countries such as Russia increasingly favor gold. (Source photos obtained by Nikkei)
TOKYO -- The dollar's share of global foreign exchange reserves sank to its lowest year-end level on record in 2024 as countries increasingly broadened their holdings to rely less on a single asset.