Global FX reserves in dollars increase as overall reserves fall, impacting value of other currencies.

From Yahoo Finance: 2025-03-31 17:09:00

Global reserve currency holdings in U.S. dollars slipped in Q4 of 2024, but the percentage of actual dollars held increased, according to IMF data. Overall, reported global reserves fell to $12.36 trillion from $12.75 trillion. The dollar value rose 7.7% against peers, impacting the value of reserves in other currencies. Dollar-amount holdings in dollars edged up to 57.8%, while loonie holdings ticked up to 2.77%. Euro and sterling holdings decreased. The share of yuan and yen holdings remained stable. Despite fluctuations, the U.S. market remains strong, said Brad Bechtel of Jefferies. Gold allocations in countries like China, India, and Russia saw significant changes not reflected in COFER data.



Read more at Yahoo Finance: Percent of global FX reserves in dollars ticks up, amounts fall, IMF data shows