More of the world's central banks plan to cut dollar allocations than increase them in the coming decade, an OMFIF survey of public investors released on Tuesday showed, Reuters reports.

It is the first time the survey, carried out by the Official Monetary and Financial Institutions Forum, has found such a shift away from the dollar.

This change in sentiment is due to increased political risks related to the US currency, as well as expectations of a transition to a more multipolar model of the global financial system.

At the same time, central banks plan to increase investments in gold and are showing great interest in a number of other reserve currencies, including the British pound, the Norwegian krone, and the New Zealand dollar.

The aforesaid survey included 90 central banks, public pension funds, and sovereign funds, which collectively oversee some $10 trillion in assets.

Also, two-thirds of central banks surveyed plan to increase AI integration in their operations in the coming years.