Statistics show global currency reserves of $7.7 trillion trillion last year

The global reserve was 7.7 trillion trillion dollars last year, with $60% trillion and € 26.5%, according to statistics published in the "exchange rate and international reserve and Currency System Symposium" held in Abu Dhabi, the capital of the United Arab Emirates, February 24 (Yasukuni). The joint report of the United Arab Emirates reported today that the global currency reserves amounted to $7.7 trillion trillion last year, according to statistics published by the two-day meeting, held in Abu Dhabi 23rd by the Arab Monetary Fund and the German Central bank as a seminar on the exchange rate and international reserve and currency system.　　The US dollar accounted for 60%, the euro accounted for 26.5%, the yen, franc and Swiss franc accounted for 3.5% of the world's reserve, and the gold-denominated reserves accounted for 10%. Jassem, Chairman of the Arab Monetary Fund. "The world financial crisis has led us to ask the question: what role does the financial system and the size of the monetary and cash reserves have in dealing with the crisis," Manneuil said at the opening ceremony. There is growing scepticism about the current financial system. "He stressed," in the past two years, the economic situation in developed countries and regions is not good, the U.S. economy is negative, in Europe, the recession, while China, India and Brazil have been growing steadily, the Gulf Arab countries in the recent economic development momentum.　　Manneuil said the current economic situation has led to a variety of options for currency reserves, including the Chinese renminbi as a reserve currency. Schubert, a financial advisor to the Central Bank of Germany, also said that the dollar had dominated the world's currency reserves, and that after the global financial crisis, many questions had been raised around the international currency, and one of the big problems was that the dollar could no longer be monopolized.