The global financial crisis has exposed a weakness in the international monetary (non-)system. Desired levels of currency reserves in emerging markets have jumped over the past decade. The dollar ...

THE global economic crisis has again raised the question of the future of reserve currencies. For nearly a century, the U.S. dollar has reigned supreme as the world’s top international money. In ...

International currency arrangements have come under scrutiny in the aftermath of the global financial crisis The dollar has been the preeminent global reserve currency for most of the past century.

A nation can turn to its foreign exchange reserves in ... remained the currency of choice, even after being devalued, because the U.S. economy was the biggest in the world and many countries ...