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Currency Structure of the International Economic Relations in the Beginning of the 21st Century

https://doi.org/10.32609/0042-8736-2005-4-43-57

Abstract

The article analyses currency structure of the international economic relations in the beginning of the 21st century. The author focuses on the changes that have happened in these relations after the introduction of the single European currency. On the basis of data available on the use of the main world currencies by non-residents the article draws a conclusion about a recent significant diversification in the structure of the currency portfolio of the world economy.

About the Author

A. Oleinov
MGIMO University
Russian Federation


References

1. ECB. Review of the International Role of the Euro. Frankfurt am Main, 2001-2003.

2. European Commission. External and Intra-European Union Trade. Office for Official Publications of the European Communities, Luxembourg, 2004.

3. Hartmann P. Currency Competition and Foreign Exchange Markets: the Dollar, the Yen and the Euro . Cambridge University Press, 1998.

4. Mange P. From CFA Frank to the Afro-euro. EMU Watch, Deutsche Bank Research, Frankfurt-am-Main, 1999, No 72.

5. Merrill Lynch. Fund Manager Survey, 1998-2004.


Review

For citations:


Oleinov A. Currency Structure of the International Economic Relations in the Beginning of the 21st Century. Voprosy Ekonomiki. 2005;(4):43-57. (In Russ.) https://doi.org/10.32609/0042-8736-2005-4-43-57

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ISSN 0042-8736 (Print)