Display:
That makes sense, but I don't know how to figure out what is happening.

Who publishes statistics of foreign currency reserve holdings? The Bank of International Settlements? The IMF?

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan

by Migeru (migeru at eurotrib dot com) on Mon Jul 19th, 2010 at 07:24:12 PM EST
[ Parent ]
Guess I was hoping you might have access to that sort of information. I have seen some info from BIS, but it is usually for the previous quarter and I have never seen purchases broken out by currency used to settle the transaction.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Jul 19th, 2010 at 09:01:22 PM EST
[ Parent ]
Currency Composition of Official Foreign Exchange Reserves (COFER)
COFER is an IMF database that keeps end-of-period quarterly data on the currency composition of official foreign exchange reserves.

...

COFER data are reported on a voluntary basis. At present, there are 140 reporters, consisting of member countries of the IMF, non-member countries/economies, and other foreign exchange reserves holding entities. The classification of countries in COFER (as advanced economies or emerging and developing economies) follows that currently used in IFS world tables.

...

COFER data for individual countries are strictly confidential. The data presented in the attached tables are aggregated data for each currency for three groupings of countries



By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Tue Jul 20th, 2010 at 06:10:47 AM EST
[ Parent ]
So maybe we will have an idea in three months or so.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Jul 20th, 2010 at 09:57:22 AM EST
[ Parent ]
If you assume that any bump in the composition of reserves for the aggregate entities (is China "developing" or "emerging"?) mostly comes from China's holdings.

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Tue Jul 20th, 2010 at 11:07:26 AM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series