Tuesday , July 27 2021
Home / Tag Archives: US dollar

Tag Archives: US dollar

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

By Serkan Arslanalp and Chima Simpson-Bell عربي, 中文, Español, Português, Русский 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. Some analysts say this partly reflects the declining role of the US dollar in the global economy, in the face of competition from other currencies used by central banks for...

Read More »

Dominant Currencies and the Limits of Exchange Rate Flexibility

By Gustavo Adler, Gita Gopinath and Carolina Osorio Buitron Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and developing economies’ (EMDEs) currencies have weakened sharply. Will these currency movements support the recovery of these economies? Building on a new dataset, research laid out in a new IMF Staff Discussion Note indicates that the...

Read More »

Global Banks May Grow More Vulnerable to a Dollar Disruption

By Claudio Raddatz and Adolfo Barajas عربي, 中文, Español, Français, 日本語, Português, Русский When a Mexican airline buys Brazilian airplanes, it’s likely to finance the purchase with a US dollar loan obtained from a non-US bank. That’s just one example of the dollar’s outsize role in international financial transactions between non-US counterparts. What happens if non-US banks suddenly find themselves short of dollars? That was the case during the global financial crisis of 2007-2008, when...

Read More »

Chart of the WeekTop 5 Charts of Summer

By IMFBlog Español, Português Our data nerds have been hard at work over the summer and we have taken a dive into the numbers beneath the surface of the daily headlines. Housing prices, powerful companies, corruption, and more have been on our sonar.   So you can catch up and learn more about the stories below the waterline, our editors have chosen the best from our Chart of the Week series on the blog over the past few months.  Housing prices, powerful companies, corruption, and more...

Read More »