While the USshare in global exports & output ⬇️,
➖ the dollar’s #transactionaldominance is still evident ( #FXvolumes & trade invoicing)
➖ #de-dollarization in CBFX reserves, where the share of #USD ⬇️
➖share of #foreignownership in #USTreasury market ⬇️
➖ #De-dollarization in #commoditymarkets
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