The US dollar continues to dominate central bank foreign exchange reserves
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Central banks held a total of $13.1 trillion in foreign exchange reserves at the end of 2025, with the US dollar continuing to dominate global holdings, according to visualcapitalist.com. Despite years of talk of "de-dollarization," reserve managers still keep the majority of their assets in dollar-denominated instruments. Meanwhile, the euro remains the main alternative, and the Chinese yuan's share has fallen from recent highs. The cited source shows how global reserves were allocated in
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