Fred Swartz

How Will Dollar ETFs Hold Up Against the Fed's Printing Presses?

I found the Bloomberg source article for this at www.bloomberg.com/apps...

"The dollar as a percentage of global central banks’ foreign reserves increased to 65 percent in the first three months of the year, from 64.1 percent in the previous quarter, according to the International Monetary Fund. Its share has remained around 65 percent the last five years, after falling from 72.7 percent in 2001."

So it appears there is a drop from 2001, but not much change in the last five years. Interesting....