Friday, December 29, 2006

12/29/2006 Today IMF report on global foreign exchange reserves. The chart shows total reserves in bars. Claims against the US Dollar is the red line and claims against the Euro Area Euro is the yellow line.
The chart includes 3rd quarter of 2006 data.
This chart suggests that USD improved its status as the global FX reserve currency of choice. While the Euro has remained a distant a distant second with little to no improvement.


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