The US dollar's share of global foreign exchange reserves has fallen to its lowest level this century.
According to a report by Jinse Finance, Solid Intel has disclosed that the proportion of the US dollar in global foreign exchange reserves has fallen to its lowest level this century.
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The U.S. fiscal deficit in October expanded by 42% year-on-year to $404 billion, with the current fiscal year gap expected to reach $2.2 trillion.
Data released by the U.S. Treasury Department on Thursday showed that, due to increased government spending and decreased tax revenue, the U.S. fiscal deficit reached $404 billions in October, expanding by 42% compared to the same period last year.
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