, Emerging Markets
, Middle East and Africa
, North America
, United States
, FX Reserves and Sovereign Wealth
, Trade and External Balance
Central banks, especially from emerging Asia and oil exporters, have been a main source of demand for the U.S. dollar. In the face of expanding supply of dollars, several are now diversifying their reserve stocks, adding euro, yen and gold holdings. The dollar share of central bank reserves has been gradually slipping since the beginning of the decade even as the stock of total reserves has climbed to around US$8 trillion.
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