For first time, more central banks are set to shrink dollar holdings, survey finds - Reuters

A UK-based think tank survey reveals that global central banks plan to reduce their US dollar exposure for the first time in three years. This shift may weaken the global dominance of the USD, increase gold demand, and raise US borrowing costs, potentially impacting global markets. According to the findings, more central banks are now set to shrink their dollar holdings in the long term, marking a significant change in international reserve strategies.