Is the dollar's reserve currency status under threat?

The sub-prime crisis in US financial markets does not yet appear to have turned the dollar into a subprime currency. The latest IMF data show that despite the weakness of the dollar over several years, the proportion of central bank reserves held in the US currency has been remarkably stable.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.