Reserve Currencies in an Evolving International Monetary System

Reserve Currencies in an Evolving International Monetary System
Despite major structural shifts in the international monetary system over the past six decades, the US dollar remains the dominant international reserve currency. Using a newly compiled database of individual economies’ reserve holdings by currency, this departmental paper finds that financial links have been an increasingly important driver of... READ MORE...

Publication date: November 2020
ISBN 9781513560298
$25.00

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Publication date: November 2020

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