IMF figures show fall in euro’s share of foreign exchange holdings

IMF headquarters in Washington DC

IMF figures on the currency composition of official foreign exchange reserves (Cofer) reveal the total amount of euro-denominated assets held as foreign exchange across the globe fell by $8.19 billion in the third quarter of 2012. Before the decrease, euros comprised 24.98% of allocated reserves - those whose currency composition has been identified - and at the end of the third quarter this fell to 24.14%.

The drop was likely driven by emerging and developing economies eschewing euro assets

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: