Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, ...

Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...

The US dollar is the world’s reserve currency with no obvious successors, but the recent market volatility has revived questions about the role of the greenback for the global economy going forward.

Foreign currency reserves are assets mostly denominated in foreign currency and held by the Central Bank of a nation. These are important to maintain the financial stability of a nation as well as to ...