World’s central banks lower investments in dollar and move towards ‘multipolar’ system

12:46 - 30.06.2026


June 30, Fineko/abc.az. In the next decade, more and more central banks around the world plan to reduce rather than increase their investments in dollars, as political risks associated with the US currency increase, ABC.AZ reports with reference to a survey conducted by British think tank OMFIF.

This is the first time that a survey conducted by the OMFIF has revealed such a shift away from the dollar.

At the same time, central banks' gold reserves have increased.

The survey shows that around 79% of central banks and 60% of government funds believe that the global monetary system is transitioning to a "multipolar" world.

At the same time, currencies other than the eight largest currencies are gradually strengthening their positions among reserve assets. Central banks are seeking to increase investments in the Norwegian kroner and the New Zealand dollar, as well as to increase interest in the pound sterling.