Currency Composition of Official Foreign Exchange Reserves (COFER)PDF
Claims in US Dollars for 4th quarter 2006 (in Millions of US dollars):
2,156,357
out of total worldwide allocated as reported by COFER:
3,330,454
Is that "The Reserve Currency" of the world.
How about Euro:
859,214
Claims in US dollars:
Industrial:
994,770
Developing countries:
1,161,586
Thus the developing countries have more US dollar reserves than industrialized countries.
Links:
Currency Composition of Official Foreign Exchange Reserves (COFER)
2,156,357
out of total worldwide allocated as reported by COFER:
3,330,454
Is that "The Reserve Currency" of the world.
How about Euro:
859,214
Claims in US dollars:
Industrial:
994,770
Developing countries:
1,161,586
Thus the developing countries have more US dollar reserves than industrialized countries.
Links:
Currency Composition of Official Foreign Exchange Reserves (COFER)
Labels: Macro-Economics, Trade
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