Issue #29: US Dollar Demand and Uses

Nov 9, 2021

There are several significant categories of international currency use: Official sector FX reserves Cross-border bank liabilities International debt securities OTC FX transactions (e.g. forwards and swaps) The Public Sector Official Sector FX Reserves

2 Comments

Lyric Hughes Hale

Great post! Any thoughts on Chinese yuan NDF’s and do you foresee a day when central banks will hold decentralized cryptocurrencies?

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