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Account Management
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Numerous Countries Have Recently Dropped The Dollar as Their Reserve Currency

George Washington's Blog
Tuesday, March 18, 2008

In the past couple of years, the following countries have stopped using the dollar as their reserve currency or have dropped their currency's peg against the dollar:

The following countries are rumored to be considering dropping the dollar as their reserve currency or terminating their currency's peg against the dollar:

As Assistant Secretary of the Treasury, and the "Father of Reagonomics", recently said: "The dollar’s reserve currency role is drawing to an end".

See also this article, this article, this report, this roundup, and this one.



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