The Reserve Bank of Australia curbed euro holdings in their currency reserves from 45% to 20% in 2012, as well as injected 5% of net reserves to the South Korean won.
According to the International Monetary Fund, the single currency’s share among global reserves declined from 27% six years ago to 20.35% in the third quarter of last year.
Central banks are scrambling to diversify away from the shared currency as an economic degeneration and sovereign debt crisis have rattled the eurozone.
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