New Delhi, Dec. 23 -- Global central banks are gradually diversifying their foreign exchange reserves away from the US dollar and the euro, increasing exposure to other currencies and gold, highlighted a report by CareEdge Ratings.

The report showed that the share of the US dollar in global central bank reserves has steadily declined over the years.

It stated "Share of the US Dollar and the Euro in the global central bank reserves has been steadily declining. However, the shares of GBP, Yen, and CNY have increased"

During the period 2000-09, the US dollar accounted for 66.1 per cent of total global central banks reserves. This share fell to 62.9 per cent in 2010-19 and declined further to 58.5 per cent during 2020-24.

A similar declin...