The World Gold Council's forecast on global foreign exchange reserve trends
The attitude of central banks towards the USD
On June 17, the World Gold Council announced the results of a predictive survey regarding strategic changes in the foreign exchange reserves of central banks worldwide. Approximately 73% of central banks participating in the survey expect the proportion of the USD in foreign exchange reserves to decline slightly or significantly within the next 5 years. This trend reflects the shift in the structure of international reserves, indicating a decreasing dependency on cryptocurrency based on the greenback.
Causes and impacts of the wave of USD reserve reduction
This decline stems from uncertainties regarding tight monetary policy, prolonged inflation, along with the emergence of potential digital currencies such as Bitcoin and stablecoins. Central banks are increasingly interested in new reserve assets, diversifying their portfolios to reduce risk and increase flexibility in foreign exchange policy. This trend could also promote the development of the cryptocurrency market, expanding the role of cryptocurrency assets in international reserves.
The future of foreign exchange reserves in the current context
This prediction clearly reflects a change in the global reserve structure, as countries seek to diversify their financial investment portfolios. Cryptocurrency, with its ability to store value and high liquidity, is gradually becoming an indispensable part of the long-term financial strategy of central banks. This trend opens a new era for the financial market and the foundation of foreign exchange reserve policy, capturing the attention of investors and analysts.
Source: https://tintucbitcoin.com/chinh-sach-ngan-hang-du-doan-usdt-suy-giam/
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