reserve

The tightly controlled Chinese yuan will eventually supersede the dollar as the top international reserve currency, according to a new poll. more...

Anxiety over a potential U.S. debt default has led some analysts to question whether the greenback's days as a global reserve currency are numbered. more...

U.S. inflation will drop towards 2 percent, Richard Fisher, Dallas Federal Reserve Bank president, told CNBC Monday. more...

China on Saturday condemned the "short-sighted" political wrangling in the United States over its debt problems and said the world needed a new global stable reserve currency. more...

The US dollar will lose its status as the global reserve currency over the next 25 years, according to a survey of central bank reserve managers who collectively control more than $8,000 billion, the FT reports. more...

The United States central bank, the Federal Reserve, buys and sells assets in the open market. Since the central bank has the ability to print U.S. currency, it is able to influence both the money supply and interest rates through open market operations. How do these open market operations work...