Drumroll, please. The International Monetary Fund's quarterly tally of central bank foreign exchange reserve holdings has just been released. The largest allocation—at 62.1%—is given over to the U.S. dollar.
No, no surprise there, but still, the trend away from the greenback is telling. Year-over-year, the world's dollar commitments, as a percentage of allocated reserves, shrank 0.5% from 2008's fourth quarter. In the past decade, dollar reserve allocations have declined a total of 8.5%.