DarthTrader
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- Mar 29, 2022
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Israel threw in the towel a month ago and for the first time ever says "screw these guys" and starts selling its reserves of ONLY USD, Pounds and Euros.
Now it's adding Yuan and riskier assets.
Now it's adding Yuan and riskier assets.
Israel adds China's yuan for the first time ever while cutting its dollar holdings in biggest currency reshuffle in a decade
For the first time ever, they yuan is part of Israel's central bank reserves, and its allocation for US dollars has been cut.
markets.businessinsider.com