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The euro's stability and future existence was doubted and its share of global reserves fell to 19% by year-end 2015 (compared to 66% for the U.S. dollar). As of year-end 2020, these figures stand at 21% for the euro and 59% for the U.S. dollar.
Jun 24, 2021 · Jun 24th 2021 | Paris. W HEN THE European Union launched the euro two decades ago, economists wondered if the new currency might pull off a feat no other had managed in the post-war period: to...
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Jun 14, 2022 · International issuance of green bonds denominated in euro almost doubled in volume to €41 billion in 2021. However, the share of the euro in this market segment declined by 5 percentage points, to around 30%, amid strong issuance of green bonds denominated in the US dollar and other currencies.
Mar 21, 2024 · The report showed that the euro was continuing to play an important role in the international monetary system, as it remained the second most important currency in various market segments, such as official holdings of foreign exchange reserves and international bond issuance.
Jun 9, 2020 · The share of the euro across various indicators of international currency use averaged around 19% – close to historical lows. The euro remained unchallenged as the second most important currency in the international monetary system (see Chart 2).
The euro is the second most important currency in the international monetary system, after the US dollar. The share of the euro across various indicators of international currency use in 2020 was around 19%
Sep 19, 2019 · The growth in the international use of the euro in its first decade—when it was essentially taking market share from the dollar—is evidence of the appetite for more than one major international currency.
