What Currencies Are Foreign Exchange Reserves Held In?
WhatCurrencies Are ForeignExchange Reserves HeldIn? http://feedly.com/k/17tgIyY Following up on the dollar’sstatus as aninternationalcurrency (andhowthreatsofdefault are nothelpful), here is what we know about the dollar’s role as a reserve currency. Figure 1: Share of foreign exchange reserves held in USD (blue), EUR (black) and USD plus 60% of unallocated (red), and IMF estimated share in USD (green +). Source: IMFCOFER for 1999Q1-2013Q2 and IMF (estimates, 1965-2003). … Seguir leyendo What Currencies Are Foreign Exchange Reserves Held In?
