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NY Fed Study: Dollar Reserve Shift Overstated by Managers

Key takeaways

  • A new study from the NY Fed reveals that the dollar's decline in global reserves is driven by a few reserve managers, not a broad trend away from the currency.
#Global Markets#Currency#Federal Reserve

Analysis

A new study from the NY Fed reveals that the dollar's decline in global reserves is driven by a few reserve managers, not a broad trend away from the currency.

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