03-April-2025
Economy News
 
Percent of Global FX Reserves in Dollars Ticks Up, Amounts Fall, IMF Data Shows
01-Apr-2025

The amount in U.S. dollars held as reserve currency globally slipped in the last quarter of 2024 while the percentage of actual dollars held as reserve ticked up, IMF data showed on Monday. Dollar-equivalent amounts dropped also among holdings in euro, pound sterling, yuan, yen, Swiss franc and Australian and Canadian dollars, with only the latter showing a tick up in the percentage of holdings, the IMF's Currency Composition of Official Foreign Exchange Reserves (COFER) data showed. Reported global holdings of reserves of foreign exchange fell to $12.36 trillion at the end of 2024 from $12.75 trillion at the end of the third quarter of last year. Broken-down reserves, those which identify the single currencies, fell to $11.47 trillion from $11.84 trillion.

News Source:- https://money.usnews.com/investing/news/articles/2025-03-31/percent-of-global-fx-reserves-in-dollars-ticks-up-amounts-fall-imf-data-shows