Published Aug 20, 2026, 8:00 PM ET · Updated 3 months ago · 1 source

US Dollar's decline as a reserve currency is imminent

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Original Report

The US dollar's decline as a global reserve currency is imminent due to exploding interest rates on US government debt, the 30-year yield reaching a 19-year high, a significant decline in the dollar's percentage of global FX reserves since 2000 to around 52-53%, a shift by central banks from US treasuries to gold, the ongoing geopolitical situation in the Middle East, and the potential end of the petrodollar agreement.