IMF to publish Australian dollar reserve holdings

Tuesday, 18 June 2013

From the AFR:

The Australian dollar will from next week be included in an influential global database of central bank foreign exchange holdings, potentially supporting its status as an emerging reserve currency.

The International Monetary Fund will on June 28 publish for the first time quarterly central bank reserve holdings of the Australian currency.

The dollar is currently a part of the “other”category. This will be very interesting indeed.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.