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