{
  "type": "article",
  "title": "Reserve Managers Worldwide Are Quietly Trimming Their Dollar Holdings, a New Survey Reveals",
  "summary": "A survey of 90 institutions overseeing $10 trillion in assets shows central banks shifting out of the US dollar faster than ever, moving toward the euro, yuan and gold instead.",
  "content": "Central banks around the world are backing away from the US dollar in greater numbers than at any point before, and it has reignited fears of de-dollarization. A recent report from the Official Monetary and Financial Institutions Forum (OMFIF) laid the trend bare. The study surveyed 90 central banks, sovereign wealth funds and pension funds that together manage roughly $10 trillion in assets, and it found a net move away from the greenback. These institutions now appear far keener on the euro, the yuan, the British pound, the Norwegian krone and the New Zealand dollar.\n\nWhy Central Banks Are Turning Their Backs on the Dollar\nAccording to the report, 82% of central banks already hold gold, and 30% of them plan to add to those holdings. The shift is being put down to portfolio diversification at a time of heightened geopolitical tension. On top of that, the banks point to uncertainty around US policy, the threat of sanctions and the weaponization of the dollar as further reasons behind the decision.\n\nThere is also unease about America's swelling debt, which is closing in on the $40 trillion mark. The sheer scale of US deficits and borrowing could cast doubt on the dollar's long-term stability as a reserve asset.\n\nEven BlackRock Is Sounding the Alarm\nBlackRock, the world's largest asset manager, has echoed the same view. In a letter to shareholders, BlackRock CEO Larry Fink said the US dollar may not stay the world's dominant currency, singling out US debt as a key factor. Fink went on to suggest that digital currencies such as Bitcoin (BTC) could become the next global reserve currency.\n\nA Movement That Has Been Building for Years\nThe push away from the dollar is nothing new. A growing list of countries is starting to distrust the greenback and American dominance. Sanctions and the weaponization of the dollar have left many nations wary of parking their money in it. China, Iran, Russia and South Korea, among others, have already built systems that operate outside the dollar, leaning on the yuan and cryptocurrencies. Now it seems the world's central banks are slowly making the same transition.\n\nWhat this means for you\n• For investors: Central banks stepping back from the dollar could weaken it over time and lift demand for gold, which may affect portfolios weighted toward gold and alternative currencies.\n• For everyday readers: Fading confidence in the dollar can add volatility to global currency markets, which can feed into import-export costs and the price of commodities like oil.\n\nQuestions & Answers\n\n1. How many institutions did the OMFIF survey cover?\nThe survey covered 90 central banks, sovereign wealth funds and pension funds that together manage around $10 trillion in assets.\n\n2. Which currencies are central banks shifting toward?\nThe report says banks are showing more interest in the euro, the yuan, the British pound, the Norwegian krone and the New Zealand dollar.\n\n3. How many central banks hold gold, and how many want more?\n82% of central banks already hold gold, and 30% of them plan to increase their gold holdings.\n\n4. Why does US debt matter here?\nUS debt is nearing the $40 trillion mark, and such large deficits and borrowing raise questions about the dollar's stability as a reserve asset.\n\n5. What did Larry Fink say about the dollar?\nBlackRock CEO Larry Fink said the dollar may not remain the world's dominant currency and suggested digital currencies like Bitcoin could become the next global reserve currency.\n\n6. Which countries already operate outside the dollar?\nChina, Iran, Russia and South Korea, among others, have already built systems outside the dollar using the yuan and cryptocurrencies.",
  "url": "https://trendkia.com/en/business/dolara-se-duri-bana-rahe-duniya-ke-kendriya-bainka-nae-sarve-men-samane-aya-bara-rujhana-3814",
  "category": "Business",
  "publishedAt": "2026-07-01",
  "tags": [
    "de-dollarization",
    "US dollar",
    "central banks",
    "OMFIF report",
    "gold reserves",
    "BlackRock",
    "US debt",
    "reserve currency"
  ],
  "language": "en",
  "site": "TrendKia"
}