CURRENCIES Calls to move away from the U.S. dollar are growing — but the greenback is still king- Livi Walko

 https://www.cnbc.com/2023/04/24/economic-and-political-factors-behind-acceleration-of-de-dollarization.html

Since 1999, the US dollar has dropped from over 70% foreign exchange reserves to its current status at 58.38% (still the largest percentage).  Countries around the world, specifically those in Asia are calling for further diversification of currency holdings in exchange reserves despite the fact that this might disrupt their foriegn policy in relation to the US, who would suffer at the further decrease of foreign exchange reserves in their currencies, and is currently performing harsh sanctions against Russia along with the freezing of 300 billion dollars of Russia's foreign currency reserves as the Yen overtook the dollar as the most traded currency in Russia.  This signals an ominous future as the exchange reserves are decreasing for in the US dollar's future and those countries that will be impacted by or driving this phenomenon.