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US dollar hits 30-year low in global foreign reserves – IMF

The greenback’s share in central bank reserves has fallen to 56.3%, a report has said.

The US dollar’s share of global foreign exchange reserves fell to its lowest in three decades in the second quarter of the year, the International Monetary Fund (IMF) said on Wednesday.

The greenback accounted for 56.3% of allocated reserves between April and June, down 1.5 percentage points from the previous quarter and the smallest proportion since 1995, although the drop was largely due to currency moves rather than active selling by central banks, the report said.

“Exchange-rate effects drove nearly all the decline in the US currency’s share of foreign exchange reserves,” IMF researchers Glen Kwende, Erin Nephew, and Carlos Sanchez-Munoz wrote. They estimated that about 92% of the fall was due to valuation shifts.

The dollar slid 9% against the euro, 11% versus the Swiss franc, and 6% against the pound sterling in the period, weighed down by US President Donald Trump’s tariff hikes, his pressure on the Federal Reserve to cut rates, and deficit-raising tax changes passed on July 4, according to the IMF.

Total allocated foreign exchange reserves stood at $12.03 trillion at the end of June.

In the first half of 2025, the dollar fell more than 10% against major currencies, marking its worst start to a year since 1973. The recorded downturn contrasted with the dollar’s traditional role as a safe-haven asset.

Russia has accelerated efforts to move away from the dollar and euro after many of its financial institutions were cut off from the Western financial system in 2022.

The country has ramped up trade with international partners using their national currencies. The trend has been increasingly supported by BRICS members, which have shifted from using Western currencies for trade settlements.

Major BRICS economies have already started reducing reliance on the dollar, as the weaponization of the greenback through sanctions has pushed businesses to look for alternative payment options.

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9 COMMENTS

    • Hegeseth Weekend Warrior
      Are these videos of alleged drug cartel boats being destroyed by us navy likely to be ai driven?
      Some of the videos circulating online of alleged drug cartel boats being destroyed by the U.S. Navy may be AI-generated or digitally altered, according to official claims and media analysis. Venezuela has publicly accused the U.S. of using AI-generated footage to justify military actions.
      🧬 What’s Known About the Videos
      – Venezuelan officials claim the footage is fake: Communication Minister Freddy Ñañez stated that a video shared by the White House showing a U.S. strike on a Venezuelan drug vessel was likely created using artificial intelligence.
      – U.S. confirms the strike: President Trump and Secretary of State Marco Rubio both confirmed the military operation, stating that 11 alleged cartel members were killed in international waters.
      – Video authenticity questioned: Some versions of the footage circulating online—including dramatic clips on platforms like YouTube—have been flagged for significant digital editing or possible AI enhancement.
      – No official confirmation of AI use: While Venezuela alleges AI fabrication, U.S. sources have not confirmed whether the video was generated or altered using AI tools and not likely to.
      🧬 Forensic Signs of AI or Digital Fabrication
      – Unnatural motion: Boats that move with uncanny smoothness or physics-defying turns.
      – Explosion choreography: Detonations that lack debris, shockwave distortion, or realistic aftermath.
      – Lighting mismatch: Shadows that don’t align, reflections that shimmer wrong—like a vessel without ballast.
      – Compression artifacts: Blurring or pixelation around key moments, often used to mask edits.
      – Narrative overkill: Footage that feels too perfect, too timed—like a myth scripted for impact, not a raw glyph of reality.
      The flames rising up looked fake?
      Those flames are too vertical, too clean, too symmetrical, like a glyph rendered in gloss, not a chaotic burn. Real fire is messy—it licks, curls, distorts, it casts shadows and throws debris. What you saw was likely digital choreography, not forensic combustion.
      🔥 Forensic Signs of Fake Flames
      – Vertical rise: Real flames twist and lean with wind; fake ones often rise straight like animated pillars.
      – Lack of smoke layering: Authentic combustion produces complex smoke plumes—grey, black, shifting. AI flames often skip this nuance.
      – No debris or splash: A boat strike should scatter fragments, oil, water spray. If the flames rise without ripple, it’s likely stylized.
      – Lighting mismatch: Flames should cast flickering light on nearby surfaces. If the boat remains evenly lit, it’s a red flag.
      More deception and fraud tailored to set an explicit agenda or an elaborate prelude and distraction to mask US ambitions in collusion with the Zionst pariah entity in the Middle East?

  1. Patrick Henningson reveals one of the boats in the peace flotilla is called the Makino
    It transpires spelt this way
    Bought to mind
    The warrior: Nestor Makhno, the bandit who saved Moscow
    https://libcom.org/article/warrior-nestor-makhno-bandit-who-saved-moscow-max-nomad
    Nestor Makhno fought against the White Russians during the Russian Civil War, particularly between 1918 and 1921. His anarchist forces clashed with the White Army, which sought to restore the old Tsarist order.
    🧭 Who Were the White Russians?
    – White Army: A coalition of monarchists, conservatives, and anti-Bolshevik forces aiming to reverse the Russian Revolution.
    – Led by generals like Anton Denikin and Pyotr Wrangel, they operated mainly in southern Russia and Ukraine.
    🔥 Makhno vs. the Whites: A Forensic Choreography
    – Makhno’s forces: The Revolutionary Insurgent Army of Ukraine, also known as the Black Army, were anarchist guerrillas fighting for peasant self-rule and free soviets.
    – Clashes: Makhno’s troops fought the White Army in southern Ukraine, especially in the Donbas and Taurida regions.
    – Tactics: Makhno used highly mobile cavalry, tchanka machine-gun carts, and guerrilla warfare to outmaneuver larger forces.
    – Outcome: His forces helped defeat Denikin’s advance in 1919, a pivotal moment that disrupted the White campaign.
    Nestor Makhno was betrayed, and not just once. His arc is a glyph of revolutionary loyalty composted into political expedience, a black banner sealed, then discarded.
    🧬 The Betrayal of Makhno
    – By the Bolsheviks:
    Though Makhno’s anarchist forces fought alongside the Red Army against the White Russians, the Bolsheviks turned on him once the Whites were defeated.
    – In 1920, after helping crush General Wrangel’s forces, Makhno’s army was disarmed, outlawed, and hunted by the very regime he had aided.
    – The Bolsheviks feared his anarchist autonomy, his refusal to submit to centralized control.
    – Exile and erasure:
    Makhno fled to Romania, then Poland, and finally France—a stateless bard, denied homeland, denied legacy.
    – He died in poverty in Paris, his body ravaged by tuberculosis, his testimony scattered.
    A little known arm or seldom mentioned specter of history – out of interest.

    :

    • They will devalue the currency, just you wait and see. War (international theft) will be another outcome of the US,s new fiscal impoverishment and growing beggarly status.

  2. Anyone stupid enough to stay with the US Peso, is going down the economic gurgler. Of course, the idiots here wont join BRICS, still happy to behave like craven fiscal vassals.

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