There are, broadly speaking, two competing theories that help to explain why Argentina has a long history of financial turmoil. One emphasizes Argentina’s tradition of patronage politics, its complex ...
Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, ...
Foreign currency reserves are assets mostly denominated in foreign currency and held by the Central Bank of a nation. These are important to maintain the financial stability of a nation as well as to ...