The IMF earlier this week published its latest quarterly update of the composition of official foreign exchange reserves (Cofer data). Concentrating on the allocated reserves at the World level, the share of the USD fell marginally to 61.55% in Q1-10 from 62.17% in Q4-09. The share of EUR edged lower
Source:Q1 Currency Reserves: EUR Below 30% in EM, 'Others' Gain
