14,588 Results for:

December 17, 2006

Monetary Policy
Isn’t the surprise here that Venezuela still has 80% of its reserves in dollars?

Venezuela has, according to Bloomberg, reduced the dollar share of its reserves from 95% to 80%, and increased the euro share from 5 to 15%.  Bloomberg:``The U.S. dollar has suffered a long process o…

May 29, 2008

Monetary Policy
What cann’t go on still hasn’t slowed, let alone stopped (Chinese reserve growth)

This is Brad Setser once again. Thanks to Rachel Ziemba for filling in while I was away. A couple of regular readers have reported some difficulty posting comments at the cfr.org blog. My apolog…

August 14, 2024

China
China’s Imaginary Trade Data

China has a new way of calculating its good surplus in its formal balance of payments data. It is a deeply misleading. It also explains the apparent fall in the current account account surplus.

China’s Imaginary Trade Data

August 2, 2005

Monetary Policy
Does China have a higher - or lower - fraction of its reserves in dollars than Russia

David Altig has highlighted Russia's decision to reduce the dollar's share of its reserves from 70 to 65%.    Russia raised the share of Europe's single currency to 35 percent from 30 percent, re…

September 20, 2024

United States
Election 2024: Donald Trump Has Vowed to Raise Tariffs. Can He?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This week: Congress is empowered to set tariff policy, but it has delegated much of its authority to the presi…

Shipping containers at Port Newark, New Jersey

March 10, 2008

Monetary Policy
What are Zhou and al-Sayyari doing? Reserve management and the Fed’s balance sheet operations

Paul Krugman noted that his discussion of the Fed’s recent policy steps was rather wonkish. If that is true, my comments will be off-the-wonkish charts. I want to try to bring the actions of foreign …