Many countries have strategic reserves in case of shortages or as a way to keep prices stable. The U.S. has its strategic oil reserves. China has tens of thousands of tons of frozen, raw pork. The ...

Learn how sudden currency devaluation impacts economies, discover historical crises, and explore how central banks can ...

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 US dollar is the world’s reserve currency with no obvious successors, but the recent market volatility has revived questions about the role of the greenback for the global economy going forward.

Foreign currency reserves are assets mostly denominated in foreign currency and held by the Central Bank of a nation. These are important to maintain the financial stability of a nation as well as to ...

South Korea’s foreign exchange reserves increased by $1.84 billion from October last month, marking the sixth consecutive monthly rise. According to the Bank of Korea’s “foreign exchange reserves as ...