Governments Hemorrhaging Foreign Reserves as Geopolitical Tensions Strain Global Economy



Governments and central banks are burning through their cache of foreign reserves at an unprecedented speed as the world faces a new and highly tense landscape of geopolitical tensions.

In Oct. 5 reporting by Bloomberg, the outlet found global reserve currency war chests have fallen by almost $1 trillion in Q2 and Q3 of this year alone, based on data the outlet self-collects.