Reserve
Sterling is used as a reserve currency around the world and is currently ranked third in value held as 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: | ||||||||||||||||||
Read more about this topic: Pound Sterling
Famous quotes containing the word reserve:
“We must reserve a back shop all our own, entirely free, in which to establish our real liberty and our principal retreat and solitude.”
—Michel de Montaigne (1533–1592)
“I do not know what right I have to so much happiness, but rather hold it in reserve till the time of my desert.”
—Henry David Thoreau (1817–1862)
“I understood that all the material of a literary work was in my past life, I understood that I had acquired it in the midst of frivolous amusements, in idleness, in tenderness and in pain, stored up by me without my divining its destination or even its survival, as the seed has in reserve all the ingredients which will nourish the plant.”
—Marcel Proust (1871–1922)