Dollar Dominance In Central Bank Reserves

Menzie Chinn
By Menzie Chinn of Econbrowser
Professor of Public Affairs and Economics at the University of Wisconsin •

The US dollar maintains its stronghold in global foreign exchange reserves despite political shifts and economic volatility.

Talking about the dollar, Trump, and stupidity as an exogenous variable, the next couple of days…

Figure 1: Share of total foreign exchange reserves for US dollar (blue), euro (brown), British pound (red), Japanese yen (green), Chinese yuan (pink), all in %. Orange shading denotes Trump Administrations. Source: IMF COFER and author’s calculations.

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