Tag: Bank Deposits

U.S. Dollar: Threat From Renminbi Is Overstated, Says BIS

U.S. Dollar: Threat From Renminbi Is Overstated, Says BIS

An article by Robert N McCauley and Tracy Chan titled “Currency movements drive reserve composition” was published in the Bank for International Settlements December Quarterly Review. The article highlights that currencies whose trading patterns closely mirror the U.S. dollar tend […]