US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low

Serkan Arslanalp is Deputy Division Chief in the Balance of Payments Division of the International Monetary Fund (IMF)'s Statistics Department. Chima Simpson-Bell is an Economist in the same department. ____ The share of US dollar reserves held by central banks fell to 59%--its lowest level in 25 years--during the fourth quarter of 2020, according to the IMF's