Bottom Line: China’s request to include its currency, the renminbi (RMB), in an International Monetary Fund (IMF) currency basket is political as much as economic in intent and effect. The IMF is ...

This technical note presents a methodological change to the International Monetary Fund’s Currency Composition of Foreign Exchange Reserves (COFER) dataset. Using a combination of stratified mean ...

At the request of the authorities, an IMF-World Bank team undertook a technical assistance mission to Bangladesh, from July 5-17, 2023, to support efforts to develop the government local currency bond ...

(1) The value of the U.S. dollar in terms of the SDR is the recip rocal of the sum of the dollar values, based on market exchange rates, of specified quant ities of the first four currencies shown.