The dollar remained a popular reserve currency across multiple regions in the world in 2023, most notably Latin America. A survey held over the course of that year revealed that the USD made up roughly 93 percent of reserves in LATAM central banks. This was different in Europe - including non-euro central banks - were nearly half of reserve assets were assets. The source adds that the renminbi or Chinese yuan were barely held in any region.
Share of U.S. dollar and other currency holdings in central bank reserves worldwide as of 2023, by region
central banks with international reserves of close to five trillion U.S. dollars; Departments including reserve management, financial markets and economic research
Supplementary notes
This question was phrased by the source as follows: "What percentage of your total portfolio is invested in the following currencies?"
The source does not specify the type of survey conducted.
The source adds the following geographical information on its 75 respondents:
Europe: 28;
Asia-Pacific (APAC): 16;
Sub-Saharan Africa: 14;
Latin America and the Caribbean (LAC): 12;
Middle East and North Africa (MENA): 4;
North America: 1.
The source does not explicitly state from which exact countries the respondents are from.
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Official Monetary and Financial Institutions Forum, & Statista. (July 31, 2023). Share of U.S. dollar and other currency holdings in central bank reserves worldwide as of 2023, by region [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1395996/reserve-currency-share-by-global-region/
Official Monetary and Financial Institutions Forum, und Statista. "Share of U.S. dollar and other currency holdings in central bank reserves worldwide as of 2023, by region." Chart. July 31, 2023. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1395996/reserve-currency-share-by-global-region/
Official Monetary and Financial Institutions Forum, Statista. (2023). Share of U.S. dollar and other currency holdings in central bank reserves worldwide as of 2023, by region. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1395996/reserve-currency-share-by-global-region/
Official Monetary and Financial Institutions Forum, and Statista. "Share of U.S. Dollar and Other Currency Holdings in Central Bank Reserves Worldwide as of 2023, by Region." Statista, Statista Inc., 31 Jul 2023, https://www.statista.com/statistics/1395996/reserve-currency-share-by-global-region/
Official Monetary and Financial Institutions Forum & Statista, Share of U.S. dollar and other currency holdings in central bank reserves worldwide as of 2023, by region Statista, https://www.statista.com/statistics/1395996/reserve-currency-share-by-global-region/ (last visited November 26, 2024)
Share of U.S. dollar and other currency holdings in central bank reserves worldwide as of 2023, by region [Graph], Official Monetary and Financial Institutions Forum, & Statista, July 31, 2023. [Online]. Available: https://www.statista.com/statistics/1395996/reserve-currency-share-by-global-region/
