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determinants of the shares of major currencies in the reserve holdings of the world's central banks. Significant factors include … euro might in the future rival or surpass the dollar as the world's leading international reserve currency appears to …
Persistent link: https://www.econbiz.de/10013105149
. Our central finding is that the US dollar scores (by a wide margin) as the world's dominant anchor currency and, by some …
Persistent link: https://www.econbiz.de/10012963738
On the twentieth anniversary of its inception, the euro has yet to expand its role as an international currency. We document this fact with a wide range of indicators including its role as an anchor or reference in exchange rate arrangements—which we argue is a portmanteau measure—and as a...
Persistent link: https://www.econbiz.de/10012841416
major currencies in the reserve holdings of the world's central banks. Significant factors include: size of the home country …
Persistent link: https://www.econbiz.de/10012759417