Many countries have strategic reserves in case of shortages or as a way to keep prices stable. The U.S. has its strategic oil reserves. China has tens of thousands of tons of frozen, raw pork. The ...
Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, ...
The decision represents a significant shift in U.S. crypto policy, indicating that the decentralized digital currency has shed its past political stigma and, according to Thursday's directive, will ...
One of the more intriguing financial trends that has gained popularity in recent years is the de-dollarization movement. De-dollarization is an effort by a growing number of countries to reduce the ...
Foreign currency reserves are assets mostly denominated in foreign currency and held by the Central Bank of a nation. These are important to maintain the financial stability of a nation as well as to ...