Forex Trading Strategies Blog

This week it was reported by the International Monetary Fund (IMF) that the total amount for the world’s Forex reserves has reached an all-time high of four trillion US dollars.

According to analysis of the quarterly report released by the IMF, the Forex reserves increased by 2.4% since the last quarterly statement. This represents an increase of 95 Billion US dollars. This amount shows a tripling of the Forex reserves of 2000, which was then reported to be 1.88 Trillion US dollars.

The major currencies in the Forex reserves are the US dollar, the Euro, UK Pound Sterling, and the Japanese Yen. The US dollar consists of 66.2% of the Forex reserves, while the Euro, Pound Sterling, and Yen, make up 24.3%, 3.6%, and 3.7% respectively.