U.S. dollar loses global reserve currency dominance: IMF data confirms lowest share in 30 years as de-dollarization accelerates — is America’s financial power at risk?

The U.S. dollar now holds just 56.32% of global foreign exchange reserves — the lowest since 1995. Down from 72% in 2001, central banks managing $12 trillion are quietly diversifying. Gold purchases ...
International Monetary Fund

Improving the Analytical Usefulness of the IMF’s COFER Data

This technical note presents a methodological change to the International Monetary Fund’s Currency Composition of Foreign Exchange Reserves (COFER) dataset. Using a combination of stratified mean ...
Wall Street Journal

International Monetary Fund (IMF)

Greece’s international creditors on Monday narrowed their differences over the economic overhauls Athens should implement in exchange for fresh loans, paving the way for a new round of negotiations ...
International Monetary Fund

Bangladesh: Local Currency Bond Market Development Diagnostic

At the request of the authorities, an IMF-World Bank team undertook a technical assistance mission to Bangladesh, from July 5-17, 2023, to support efforts to develop the government local currency bond ...
Business Recorder

Currency values in terms of Special Drawing Rights

(1) The value of the U.S. dollar in terms of the SDR is the recip rocal of the sum of the dollar values, based on market exchange rates, of specified quant ities of the first four currencies shown.