Many countries have strategic reserves in case of shortages or as a way to keep prices stable. The U.S. has its strategic oil reserves. China has tens of thousands of tons of frozen, raw pork. The ...

Though once a crypto skeptic, President Donald Trump has become an enthusiastic supporter of the industry. His media company began investing in crypto several years ago, and on the campaign trail, he ...

The decision represents a significant shift in U.S. crypto policy, indicating that the decentralized digital currency has shed its past political stigma and, according to Thursday's directive, will ...

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, ...

The US dollar is the world’s reserve currency with no obvious successors, but the recent market volatility has revived questions about the role of the greenback for the global economy going forward.

The U.S. dollar has been the dominant currency in global trade and finance for more than seven decades. Over that time, little has ever truly threatened its position. Global economic systems operate ...

One of the more intriguing financial trends that has gained popularity in recent years is the de-dollarization movement. De-dollarization is an effort by a growing number of countries to reduce the ...