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http://www.rappler.com/newsbreak/fact-check/united-states-dollar-remains-global-currency-reserve/(permalink)
Author: rappler
Factors
veracity
not credible
language
Filipino
Date published
2023-04-12
Entities
Capital controlReserve currencyBloomberg NewsGold standardFact-checkingDisinformationTurkish languageRenminbiFactCheck.orgRapplerLegal tenderForeign exchange marketBalance of tradeThe Wall Street JournalAl JazeeraKyle BroflovskiInflationYouTubeWorld War IIUnited States dollarArtificial intelligenceUnited States CongressKenyaRussiaFacebookBrazilUkraineChinaDevaluationAnadolu Agency

Claims (1)

  • The Chinese yuan has replaced the US dollar as the global currency reserve. The video cited Kenya’s decision to buy oil using Kenyan shillings instead of dollars and the Brazil-China agreement to abandon the dollar on its trades as proofs of the currency’s diminution.

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