The world's richest families have started to reduce the share of dollar assets in their investment portfolios.
Modern.az reports that Reuters agency published this information citing a study by the Swiss bank UBS.
It is stated that the reason for this is the increasing geopolitical uncertainty and the rising US national debt.
According to the survey results, approximately two-thirds of family offices expect confidence in the dollar's reliability as a global reserve currency to weaken within the next year.
Almost half of the respondents stated that they believe they are over-invested in dollar assets.
