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Latest Economic News

The dollar's share in world reserves has updated its 30-year low

December, 27 2024

The dollar's share of global foreign exchange reserves in the third quarter reached its lowest level in almost 30 years. According to the International Monetary Fund (IMF), the indicator decreased by 0.85 percentage points, amounting to 57.4%. This is the lowest value since 1995, as there are no earlier statistics.The decrease in the dollar's share is due to an increase in investments in euros: its share increased to 20.02% from 19.75% in the second quarter. Investments in the Japanese... Read More

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