The economic ‘nuclear bomb’ and global reserve assets
The global reserve asset landscape continues to evolve. The latest IMF survey on the currency composition of global foreign exchange reserves from late 2021 reveals that the share of US dollars held by central banks has fallen to 58.9%—the lowest in over two decades and down from 71.3% since the euro…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: UBS

