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The Behavior of Foreign Dollar Holdings
Summary and Conclusions
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American dollars American liquid dollar amount Annual Report basis billion borrowings branches of U.S. capital changes claims on foreigners convertible countries covered currencies declined demand deposit rates differentials dollar balances dollar deposits dollar holdings domestic effect estimates Euro Eurocurrency market Eurodollar banks Eurodollar deposits Eurodollar market European exchange excluding flow foreign banks foreign branches foreign central banks foreign commercial banks foreign liquid foreign nonbank foreign official institutions functions funds given growth held holders holdings of American holdings of foreign included increase inside area interest issues liabilities liquid asset liquid claims liquid dollar assets loans measure monetary nonresidents noted official reserves operations percent period position position of foreign regarded relation requirements role rose short-term sources statistics substantial Table tend tion trade transactions Treasury U.S. banks U.S. liquid U.S. residents United various volume