Showing posts with label reserve currency. Show all posts
Showing posts with label reserve currency. Show all posts

Thursday, December 31, 2015

31/12/15: Euro's share of international reserves falls... again...


The dream of the Euro becoming world reserve currency has had a bit of a rough year in 2015. The world's most prominent bureaucurrency just kept on losing ground as the share of international forex reserves goes:


Down from 28% in 2009 to 20.3% in 2015, marking its seventh consecutive quarterly fall.