The euro is a solid but distant second to the dollar, accounting for roughly 20% across most international markets (FX reserves, international debt, loan and deposit markets, FX turnover), while the dollar denominates about 54% of global equity market capitalization with about 10% of that foreign-owned.
factualpending
Speaker
Moritz SchularickEvidence Quote
“the euro is a solid second. Uh it accounts for roughly about 20% of uh across most of these uh markets.”
Created: 6/18/2026, 1:57:48 PM
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