👀Dollar in decline? ❓

👀Dollar in decline? ❓
Since the beginning of 2024, its share in SWIFT transactions has dropped to 46.94%…

This figure reached a record low for the reported period. More details at Kommersant:

▶️Over the last month, the dollar fell by 1 percentage point. The euro’s share rose to 25.61%, the highest level since the summer of 2023, with a monthly increase of 2.5 points.

▶️Among the top five most used currencies were the British pound (declining), the Japanese yen (declining), and the Canadian dollar (declining). The yuan remained in sixth place, but showed growth: its share increased by 0.05 points, reaching 2.93%.

▶️According to Swift, the total volume of payments in all currencies decreased by 6.77% in August.

#news #world_wide #geopolitics

🏦Payouter.com — reliable payment partner in the CIS and 🇮🇳India: Intent, UPI P2C conversion 54% on FTD