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US $ share of universal currency reserves hits 4-year low: IMF

US $ share of universal currency reserves hits 4-year low. According to The share of America $ reserves declined to its smallest standard ever reaching 61.24 per cent in the 4th quarter of 2013, IMF information showed.
China’s share of allocated currency reserves was 1.23 per cent, up from 1.12 per cent from the prior quarter.
The IMF had announced the yuan’s share of central bank holdings for the 1st time in the 4th quarter of 2016.

RPT-UPDATE 1-U.S. $ share of universal currency reserves hits 4-year low – IMF

Global reserves are assets of central banks held in different currencies, mainly used to backing their liabilities.
The share of unite states $ reserves declined to its smallest standard ever reaching 61.24 % in the 4th quarter of 2013, IMF information showed.
Ranked 2nd behind the greenback, the euro’s share of universal reserves reached 20.15 in the 4th quarter, up from 20.05 % in the 3rd quarter.
China’s share of allocated currency reserves was 1.23 percent, up from 1.12 % from the prior quarter.
The English pound, Swiss franc, Australian & Canadian dollars too saw their shares in universal reserves extended slightly from the 3rd quarter, according to IMF data.

 

US $
US $

U.S. $ share of universal currency reserves hits 4-year low

As declared in The share of unite states $ reserves declined to its smallest standard ever reaching 61.24 % in the 4th quarter of 2013, IMF information showed. Ranked 2nd behind the greenback, the euro’s share of universal reserves reached 20.15 in the 4th quarter, up from 20.05 % in the 3rd quarter. China’s share of allocated currency reserves was 1.23 percent, up from 1.12 % from the prior quarter.
Unallocated reserves represented just 12.31 % of total universal FX reserves, drop from 14.6 % in the 3rd quarter.
The English pound, Swiss franc, Australian & Canadian dollars too saw their shares in universal reserves extended slightly from the 3rd quarter, according to IMF data.

 

 

 

collected by :Donald Luther

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