UK markets closed
  • FTSE 100

    7,168.65
    -0.63 (-0.01%)
     
  • FTSE 250

    18,636.98
    -29.80 (-0.16%)
     
  • AIM

    875.21
    -1.01 (-0.12%)
     
  • GBP/EUR

    1.1600
    -0.0011 (-0.09%)
     
  • GBP/USD

    1.2097
    -0.0078 (-0.64%)
     
  • BTC-GBP

    15,981.16
    +268.10 (+1.71%)
     
  • CMC Crypto 200

    416.65
    -3.49 (-0.83%)
     
  • S&P 500

    3,826.24
    +40.86 (+1.08%)
     
  • DOW

    31,104.41
    +328.98 (+1.07%)
     
  • CRUDE OIL

    108.28
    +2.52 (+2.38%)
     
  • GOLD FUTURES

    1,808.20
    +0.90 (+0.05%)
     
  • NIKKEI 225

    25,935.62
    -457.42 (-1.73%)
     
  • HANG SENG

    21,859.79
    -137.10 (-0.62%)
     
  • DAX

    12,813.03
    +29.26 (+0.23%)
     
  • CAC 40

    5,931.06
    +8.20 (+0.14%)
     

Global use of euro currency steady in 2021: ECB

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
One Euro coins are seen in this illustration
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

FRANKFURT (Reuters) - Global use of the euro remained stable over the past year with the shared currency holding its spot as a distant second to the dollar, a fresh study by the European Central Bank showed on Thursday.

Use of the euro outside the 19-country euro zone dropped sharply following the 2008 global financial crisis but has steadied over the past five years, with the currency holding roughly a fifth of the global market.

In the most notable change of 2021, the share of the euro in international bond issuance rose by almost 3 percentage points to 24.6% while its share in global foreign exchange reserves rose by 0.5 percentage point to 20.6%.

The share of the euro in foreign exchange settlements declined, however, as did invoicing of goods exported from the euro area.

(Reporting by Balazs Koranyi; Editing by Catherine Evans)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting