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Replying to Avatar KudlaDederon

For example, countries that have limited access to the dollar (Russia) or that trade with China (Saudi Arabia). Czech National Bank also buys yuan after all. In addition, some believe that the Chinese yuan may account for up to a 1/5 of global foreign exchange reserves by 2030 🙈

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Juraj 2y ago

Czech national bank has marginal position in Yuan, this image is from their 2022 report. Even Australian dollar is twice as high.

https://www.cnb.cz/export/sites/cnb/cs/o_cnb/.galleries/hospodareni/download/ruz_2022_cz.pdf

https://nostrcheck.me/media/public/nostrcheck.me_7551881190626808761687204319.webp

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