Reserve managers continue advance into Canadian and Australian dollars

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Central banks continued to add Canadian and Australian dollars in their reserves in the second quarter of 2013, according to figures published yesterday by the International Monetary Fund (IMF).

The Currency Composition of Official Foreign Exchange Reserves (Cofer) data is compiled on a quarterly basis by the IMF's statistics department, and shows aggregate levels of official reserves, as reported by 144 countries. Details of individual countries remain confidential.

Total foreign exchange

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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