US dollar's share of global reserves falls to near 5-year low
The US dollar's share of currency reserves around the world fell to a near five-year low in the third quarter, the International Monetary Fund said. Reserves held in dollars rose to $6.63 trillion, or 61.94% of allocated reserves. The euro's share of reserves climbed to 20.5%, the highest since late-2015, while reserves held in Japanese yen reached a 16-year peak.