Global Public Investor survey, published annually by the London-based OMFIF think tank, shows 30% of central banks plan to increase yuan holdings over the next 12-24 months
In stark contrast to the yuan, 20% of central banks plan to reduce their holdings of the U.S. dollar over the next 12-24 months and 18% plan to reduce their euro holdings
Investors have been rattled in recent weeks by data showing the highly transmissible virus surging across the world, forcing some governments to reimpose containment measures
That is the Aussie's lowest level since July 12, 2020, despite commodity prices that remain near multi-year highs, and is far from the currency's February high of $0.80
Against the greenback, the euro steadied at $1.1831, recovering from an early April low of $1.1772 hit before the Powell testimony in the previous session.