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Euro's reserve status fades as central banks cut holdings
It forms just 22% of global reserves, down from 28% five years ago
Published Fri, Apr 10, 2015 · 09:50 PM
Tokyo
QUANTITATIVE easing may be helping Europe achieve its economic targets, but it's also undermining the long-term viability of the euro by tarnishing its allure as a global reserve currency.
Central banks cut their euro holdings by the most on record last ye…
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