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, ...

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 ...

While there is no doubt that a diversification of global currency reserves or the introduction of an alternative reserve currency would be momentous, they are far from being immediate risks. In our ...

The latest de-dollarization movement started in 2022 when the U.S. imposed all-encompassing sanctions against Russia ...