May 7, 2021/IMF Weekend Read In today’s edition we focus on COVID-19 and the global economy, USD and foreign exchange reserves, reforming international corporate taxation, the uneven recovery from the pandemic, the concentration of power among Big Tech, the impact of the pandemic on women, a digital Africa and more. […]
OPINION/EDITORIAL
Economies in the Financial Spotlight in 2021
May 6, 2021 By IMFBlog Throughout 2020 and into 2021, the global financial system withstood the effects of the global pandemic and economic lockdowns due to unprecedented policy support. Strong financial systems that are well regulated and well supervised help maintain financial stability. But like a well calibrated engine on […]
US Dollar Share of Global Foreign Exchange Reserves Drops to 25-Year Low
May 5, 2021/IMFBlog By Serkan Arslanalp and Chima Simpson-Bell The share of US dollar reserves held by central banks fell to 59 percent—its lowest level in 25 years—during the fourth quarter of 2020, according to the IMF’s Currency Composition of Official Foreign Exchange Reserves (COFER) survey. Some analysts say this […]
