U.S. dollar share of global currency reserves at lowest since 2013: IMF data

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U.S. dollar share of global currency reserves at lowest since 2013: IMF data
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The U.S. dollar's share of currency reserves reported to the International ...

FILE PHOTO: An employee counts U.S. dollar bills at a money exchange office in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany

Reserves held in U.S. dollars totaled $6.79 trillion, or 61.63% of allocated reserves, in the second quarter, compared with $6.74 trillion, or 61.86%, in the first quarter. Total allocated reserves increased to $11.02 trillion in the second quarter from $10.90 trillion in the previous quarter. While the dollar share of foreign exchange reserves contracted, the euro, the yen and the Chinese yuan’s share all increased from the previous quarter.

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