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 ...

Learn how sudden currency devaluation impacts economies, discover historical crises, and explore how central banks can ...

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, ...

Though once a crypto skeptic, President Donald Trump has become an enthusiastic supporter of the industry. His media company ...

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 ...

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 ...

The U.S. dollar has been the dominant currency in global trade and finance for more than seven decades. Over that time, little has ever truly threatened its position. Global economic systems operate ...

South Korea's foreign exchange reserves decreased by $2.6 billion from the previous month in December, marking the first decline in seven months. According to the Bank of Korea's "End-of-December ...