Swiss Franc - Reserve Currency

Reserve Currency

The Swiss franc is used as a reserve currency around the world and is currently ranked rarely 5th or 6th in value held as reserves after the United States dollar, the euro, the Japanese yen and the pound sterling.

Currency composition of official foreign exchange reserves
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Latest Data
'12 Quarter II
US dollar 59.0% 62.1% 65.2% 69.3% 71.0% 70.5% 70.7% 66.5% 65.8% 66.0% 66.4% 65.7% 64.1% 64.1% 62.1% 61.8% 62.2% 61.9%
Euro 17.9% 18.8% 19.8% 24.2% 25.3% 24.9% 24.3% 25.2% 26.3% 26.4% 27.6% 26.0% 25.0% 25.1%
German mark 15.8% 14.7% 14.5% 13.8%
French franc 2.4% 1.8% 1.4% 1.6%
Pound sterling 2.1% 2.7% 2.6% 2.7% 2.9% 2.8% 2.7% 2.9% 2.6% 3.2% 3.6% 4.2% 4.7% 4.0% 4.3% 3.9% 3.8% 3.8%
Japanese yen 6.8% 6.7% 5.8% 6.2% 6.4% 6.3% 5.2% 4.5% 4.1% 3.8% 3.7% 3.2% 2.9% 3.1% 2.9% 3.7% 3.5% 3.8%
Swiss franc 0.3% 0.2% 0.4% 0.3% 0.2% 0.3% 0.3% 0.4% 0.2% 0.2% 0.1% 0.2% 0.2% 0.1% 0.1% 0.1% 0.1% 0.1%
Other 13.6% 11.7% 10.2% 6.1% 1.6% 1.4% 1.2% 1.4% 1.9% 1.9% 1.9% 1.5% 1.8% 2.2% 3.1% 4.4% 5.4% 5.3%
Sources:

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Famous quotes containing the words reserve and/or currency:

    If a walker is indeed an individualist there is nowhere he can’t go at dawn and not many places he can’t go at noon. But just as it demeans life to live alongside a great river you can no longer swim in or drink from, to be crowded into safer areas and hours takes much of the gloss off walking—one sport you shouldn’t have to reserve a time and a court for.
    Edward Hoagland (b. 1932)

    It is the international system of currency which determines the totality of life on this planet. That is the natural order of things today. That is the atomic, and sub-atomic, and galactic
    structure of things today. And you have meddled with the primal forces of nature! And you will atone! Am I getting through to you, Mr. Beale?
    Paddy Chayefsky (1923–1981)