Iran Press/America: The share of US dollar foreign exchange reserves reported to the International Monetary Fund fell to 60.4 percent in the third quarter, the Economic Times reported Friday night.
Also, the US dollar’s share of currency reserves reported to the International Monetary Fund was 61.3% in the second quarter, down from the first three months of the year
The US dollar accounted for 61.2% of world foreign exchange reserves in the second quarter.
Global reserves are the assets of central banks that are held in different currencies and are primarily used to support their debts.
Central banks sometimes use reserves to support their currencies. 219
