reserve currency

$1.7 trillion in 'foreign' corporate cash held in U.S. banks

Jan 23, 2013
A report in the Wall Street Journal reveals that $1.7 trillion in "foreign" cash is being held in U.S. banks.
Posted In: reserve currency

China, Brazil forge currency swap deal

Jun 22, 2012
With consumer demand still sluggish in the U.S. and Europe, China is looking elsewhere for new customers to places like Brazil. In fact, this week China and Brazil agreed to a landmark deal that avoids using the U.S. dollar.
Posted In: reserve currency, China, brazil, yuan

Video: Barry Eichengreen on the Post-Dollar World

Mar 23, 2011
As the artist formerly known as Puff Daddy rapped, it's all about the Benjamins. That's $100 bills, and there are more of them in circulation...
Posted In: Barry Eichengreen, david brancaccio, dollar, economy 4.0, Exorbitant Privilege, Oxford University Press, renminbi, reserve currency, UC Berkeley
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