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 ...
The decision represents a significant shift in U.S. crypto policy, indicating that the decentralized digital currency has shed its past political stigma and, according to Thursday's directive, will ...
Though once a crypto skeptic, President Donald Trump has become an enthusiastic supporter of the industry. His media company ...
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, ...
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 ...
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 ...
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