OPINION/EDITORIAL

Dollar’s Share of Reserves Held Steady in Second Quarter When Adjusted for FX Moves

(Credit: spawns/iStock by Getty Images)  October 1, 2025/IMFBlog By Glen Kwende, Erin Nephew, Carlos Sánchez-Muñoz Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, the euro, Japanese yen, Chinese renminbi, British […]

Nigeria at 65: A Nation Still Waiting for a Banking Revolution

October 1, 2025 By Blaise Udunze Sixty-five years after independence, Nigeria’s banking sector boasts towering profits and continental reach. Yet behind the glossy numbers lies a sobering truth: banks remain disconnected from the real economy, leaving farmers, small businesses, and entrepreneurs stranded. As the nation marks another anniversary, the call […]

A Bad Call: Comments at the SEC-CFTC Roundtable on Regulatory Harmonization Efforts

September 30, 2025/US SEC By Commissioner Hester M. Peirce Thank you to our moderators and panelists for an excellent afternoon of discussions. You left us with useful recommendations on policy and substantive issues. Thank you to Chairman Atkins and Acting Chairman Pham for hosting this roundtable, and to the staff […]