| The pound is at risk of fading from the top ranks of central-bank asset holdings following Britain’s decision to leave the European Union. The world’s foremost reserve currency a century ago, sterling has been overtaken by the dollar and the euro, mirroring the U.K.’s waning influence in the global economy.
Now its 5 percent share of foreign-exchange reserves is in danger of shrinking further because of Brexit, compounded by forces including China’s push to bolster the international role of the yuan...............................................Full Article: Source
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