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Play-money forecasting platform
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Guncelligini yitirmis10 Haz 25 01:56 UTC31 Ara 99 23:59 UTC
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Central banks around the world keep big “rainy-day” funds called foreign-exchange (FX) reserves.
- These reserves are mostly held in a few major currencies—like the U.S. dollar, the euro, etc—so a country can pay its international bills or stabilize its own currency.
- Every three months the International Monetary Fund (IMF) publishes a report, called COFER (Currency Composition of Official Foreign Exchange Reserves), that shows exactly what share of those global reserves sits in each currency.
- As of 2024, about 58% of the money in those reserves is in U.S. dollars.
- This question asks if the dollar’s share will ever fall below 50% before January 1, 2100 which will indicate the U.S. Dollar loosing its reserve currency status.
- Resolution Criteria:
