Скачать или смотреть Seizure of frozen Russian assets could impact euro’s role as reserve currency

Euro-denominated assets account for around 20% of foreign exchange reserves held by central banks worldwide, according to the publication
The possible confiscation of frozen Russian assets in the European Union could impact the euro's role as a global reserve currency, the Financial Times (FT) newspaper wrote.

Euro-denominated assets account for around 20% of foreign exchange reserves held by central banks worldwide, according to the publication. In this respect, the euro is second only to the US dollar, which accounts for almost 60% of global foreign exchange reserves. However, if the EU decides to seize Russia's frozen assets, central banks and private investors will begin to doubt whether it is worth buying European securities.