Central Banks Expect Ongoing De-Dollarization, Gold Demand to Rise
A survey by the Official Monetary and Financial Institutions Forum indicates central bankers anticipate continued de-dollarization, with gold and other currencies gaining importance in the global monetary system over the next several years.
According to a survey conducted by the Official Monetary and Financial Institutions Forum (OMFIF), central bankers globally expect the trend of de-dollarization to persist over the next several years. The survey underscores that gold and other currencies are projected to assume a growing role in the international monetary system as reserves diversify.
Source: FXStreet Forex News