Page 20 - Official Monetary News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The U.S. dollar's share of currency reserves reported to the International Monetary Fund rose in the first quarter of the year, in the midst of a still aggressive rate-hike cycle from the Federal Reserve aimed at curbing uncomfortably high inflation. Global reserves, which are reported in U.S. dollars, are central bank assets held in different currencies used in part to support their liabilities. Central banks sometimes use reserves to help support their respective currencies.

The euro will see the most demand over the next two years, but the longer-term outlook still favors the yuan.

London: The dollar will maintain its position as the world’s dominant reserve currency over the next decade, confounding growing calls from some countries for the adoption of alternatives,...

The housing market is resilient. Sales of newly constructed homes were up 12.2% in May from April, and up 20% from a year ago. Homeowners with ultra-low mortgage rates don’t want to sell and buy another home at a much higher rate according to Bloomberg. Will this continue?

NEW YORK, June 27 (Reuters) - Global central banks experienced losses managing their reserves last year amid bond-heavy allocations that took a major hit in 2022 following aggressive monetary policy tightening around the worl...