Euro's selloff & central bank allocation

by Ashraf Laidi

Jan 5, 2015 20:22

The latest IMF showing central banks' euro-denominated FX holdings fell to 22.6% in Q3 2014, reaching the lowest level in 12 years. The proportion of euro holdings fell over the last three consecutive quarters on record. In contrast, the proportion of central banks' USD-denominated currency holdings rose to 62.3%, the highest level since Q1 2011. Full charts & analysis. 

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