USD STILL DOMINATES THE GLOBAL FINANCIAL SYSTEM
The share of USD in international transactions via SWIFT reached 50.5%, the highest since 2023 and up 11.6 percentage points over 4 years.
The Euro ranks second at 21.9%, while the Renminbi accounts for only 2.7% and has remained virtually unchanged over the past 3 years.
Despite much discussion about dedollarization, the USD's position in global trade remains very strong.
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