Update: 6:35PM THE International Monetary Fund (IMF) will release on September 30, 2015 the quarterly data on the currency composition of official foreign exchange reserves (COFER).
For the first time, IMF says the data will be released
with a list of economies that have agreed to have their names released as COFER
participants.
In a statement, it added the release of these names is
consistent with IMF’s efforts to promote data transparency, including through
the Special Data Dissemination Standard Plus, which requires adherents to make
public their participation in the COFER.
COFER is a database managed by the IMF’s Statistics
Department, containing end-of-period quarterly data of reporting
countries/jurisdictions.
Seven currencies are distinguished in COFER data: the
US dollar, euro, pound sterling, Japanese yen, Swiss franc, Australian
dollar, and Canadian dollar.
It says all other currencies are included
indistinguishably in the category of ‘other currencies’.
