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:

    Her face had the seamed reserve of the old in this country [Japan]. It was a neighborhood poignantly rich in old ladies.
    Angela Carter (1940–1992)

    Money is the worst currency that ever grew among mankind. This sacks cities, this drives men from their homes, this teaches and corrupts the worthiest minds to turn base deeds.
    Sophocles (497–406/5 B.C.)