Reserve managers continue push into diverse currencies

money-3

Global foreign exchange reserves held in non-traditional currencies grew by more than 10% in the year to the end of Q3 2013 – with the traditional reserve currencies continuing to see their share in global reserves shrink.

According to the International Monetary Fund's (IMF) Cofer data, the nominal value of reserves in US dollar terms continues to grow, reaching $11.43 trillion at the end of September 2013. Of that total, $6.19 trillion was ‘allocated' – that is, the IMF has identified what curr

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 indvidual account here: