Thursday, December 31, 2015

31/12/15: Euro's share of international reserves falls... again...

The dream of the Euro becoming world reserve currency has had a bit of a rough year in 2015. The world's most prominent bureaucurrency just kept on losing ground as the share of international forex reserves goes:

Down from 28% in 2009 to 20.3% in 2015, marking its seventh consecutive quarterly fall.

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