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> Also note the SDR has a very minor share of the global currency reserves so this is more symbolic at the moment. More (10.92%) than GBP (8.09%) and JPY (8.3
by tomp 11y ago
> Also note the SDR has a very minor share of the global currency reserves so this is more symbolic at the moment.
More (10.92%) than GBP (8.09%) and JPY (8.33%) actually.
- chollida1 11y agoWhere do you see that SDR is 10.92% of all global currency reserves. I can't find anything that shows SDR being anywhere close to that amount. See here: https://en.wikipedia.org/wiki/Special_drawing_rights#Allocations https://en.wikipedia.org/wiki/Special_drawing_rights#Allocat...
- tomp 11y agoAha, I get it. I misread your statement. I thought you were saying that CNY is a small share of SDR, not that SDR is a small share of all global reservers. My apologies.