Role of the dollar remains strong
Source: Atlantic Council (Dollar Dominance Monitor); BIS (Triennial Central Bank Survey); Boz et al (2022); ECB (The International Role of the Euro Report, 2023); IMF (COFER); SWIFT (RMB Tracker).
Note: Share of global foreign exchange reserves excludes gold. International loans data excludes China; China is included in "Other". Trade invoice and international payments data excludes Eurozone trade. International Payments data from July 2024 SWIFT RMB Tracker Report. Sum of shares of foreign exchange transactions totals 200%.