Chart of the WeekUS Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low

2021-05-13T11:55:09-04:00May 5, 2021|

By Serkan Arslanalp and Chima Simpson-Bell

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The share of US dollar reserves held by central banks fell to 59 percent—its lowest level in 25 years—during the fourth quarter of 2020, according to the IMF’s Currency Composition of Official Foreign Exchange Reserves (COFER) survey. […]

COVID-19: The Moms’ Emergency

2021-05-27T11:03:30-04:00April 30, 2021|

By Kristalina Georgieva, Stefania Fabrizio, Diego B. P. Gomes, and Marina M. Tavares

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A year ago, the world changed. While the pandemic’s effect on workers has varied worldwide, the new reality has left many mothers scrambling. With schools and daycares closed, many were forced to leave their jobs or cut the hours they worked. […]

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