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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Arslanalp, Serkan
Rannpháirtithe: Eichengreen, Barry, Simpson-Bell, Chima
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2022.
Sraith:IMF Working Papers; Working Paper ; No. 2022/058
Ábhair:
Rochtain ar líne:Full text available on IMF