The International Role of the Euro

Author: European Central Bank

Price Free Publisher European Central Bank Publication date 21 May 2013 ISBN

Publication synopsis The international role of the euro refers to the use of the euro in global markets and by residents of countries outside the euro area. The ECB closely monitors the international use of the euro and, in particular, produces a regular review – "The International Role of the Euro" – which examines recent developments in the use of the euro by non-euro area residents in international trade and international financial transactions. It provides the public with a broad set of timely indicators and statistics, drawing partly on original data compiled by the ECB and the national central banks of the Eurosystem as well as on time series provided by other central banks participating in surveys carried out by the ECB. The annual review on the international role of the euro of the ECB does not only present recent developments and trends; it also provides an in-depth analysis of selected issues, studying the possible determinants and implications of the international use of currencies. In the recent years, the following topics have been studied in the review:

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