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U.S. dollar's share of currency reserves nears 5-year low, IMF says
By Richard Leong
Friday, December 28, 2018
The U.S. dollar's share of currency reserves reported to the International Monetary Fund fell in the third quarter to a near five-year low, while the euro’s share of reserves grew to its largest in almost four years, data released today showed.
The Chinese yuan's share of allocated reserves shrank for the first time in the third quarter since the IMF began reporting its share of central bank holdings in the fourth quarter of 2016.
Reserves held in Japanese yen reached a 16-year peak in the third quarter, IMF data showed. ...
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