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Reserve Currency

Markets Old Articles

US Dollar Dominance and Its Future

Download as PDF Introduction The BIS triennial survey held every 3 years indicated most recently in 2019 that the USD was on 88% of all transaction. This makes it the world most used currency and the main reserve currency of centralbanks and transaction. However, another currency has recently made great Read more…

By BSIC, 5 years10 May 2020 ago
Markets Old Articles

Volatility Play on the Hidden Gold-Yuan Peg

Reserve Currencies A reserve currency is defined as a currency held by government for international payment purposes. The most important usages are: Repay back international debt (generally issued in reserve currencies) Defend the domestic currency against depreciation Improve the government credit rating Reserve currencies are many. The IMF chooses the Read more…

By BSIC, 7 years23 September 2018 ago

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