The Stealth Erosion of Dollar Dominance : Active Diversifiers and the Rise of Nontraditional Reserve Currencies /

We document a decline in the dollar share of international reserves since the turn of the century. This decline reflects active portfolio diversification by central bank reserve managers; it is not a byproduct of changes in exchange rates and interest rates, of reserve accumulation by a small handfu...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Arslanalp, Serkan
مؤلفون آخرون: Eichengreen, Barry, Simpson-Bell, Chima
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2022.
سلاسل:IMF Working Papers; Working Paper ; No. 2022/058
الموضوعات:
الوصول للمادة أونلاين:Full text available on IMF