What's new?
5 May 2026
Barry Eichengreen, Arnaud Mehl and Livia Chiţu (2017), “How Global Currencies Work: Past, Present and Future”, Princeton University Press, Princeton: New Jersey.
Currency composition of global foreign exchange reserves 1899 -2025: updated with 2025 data!
May 2026 DATASET COMING UP SOON!
Pricing paradigms (DCP, VCP and LCP) for extra-EU exports of services of 7 EU countries and 11 services categories: 2020
João Amador, Joana Garcia, Arnaud Mehl and Martin Schmitz (2026), “Dominant Currency Pricing in International Trade of Services”, Journal of Political Economy Macroeconomics, forthcoming.
Dataset coming up soon!
30 April 2026
“Dominant Currency Pricing in International Trade of Services” by João Amador, Joana Garcia, Arnaud Mehl and Martin Schmitz accepted for publication in Journal of Political Economy Macroeconomics.
20 March 2026
Discussion by Livia Chiṭu of Hélène Rey’s chapter of the 2026 Barcelona CEPR Report on “International digital money”. The report will become available soon.
17 March 2026
New book by Barry Eichengreen! Money Beyond Borders: Global Currencies from Croesus to Crypto
10 March 2026
New CEPR paper by Barry Eichengreen, Arnaud Mehl and Isabel Vansteenkiste: “An opening for the euro”
December 2025
“What’s next for the international monetary system?” Barry Eichengreen speaking at the Le Grand Continent Summit
December 2025
“Seizing central bank assets?” by Massimo Ferrari Minesso, Tobias Krahnke,
November 2025
New NBER working paper by Serkan Arslanalp, Barry Eichengreen and Chima Simpson-Bell: “Our Underappreciated International Reserve System”
20 Oct 2025
Read the latest CEPR Geneva Report on the World Economy on “Geopolitical tensions and international financial fragmentation“, quoting several of our publications. You can watch the launch of the report at Brookings here!
25 September 2025
Thank you Maury Obstfeld for using and advertising the Chiṭu-Eichengreen-Mehl Global Currencies Database in the panel on “Historical episodes of dominant currency strains and transitions” at the Fourth Annual International Roles of the U.S. Dollar Conference!
You can watch this panel, moderated by Linda S. Goldberg, as well as the entire conference (including Livia‘s intervention, warm thanks to Linda for the invitation!) on the conference website!
16 September 2025: C'est la rentrée ! NEW: Dataset on patterns of invoicing currency in global trade in a fragmenting world economy
NEW! The data on patterns of invoicing currency in global trade in a fragmenting world economy from E. Boz, A. Brüggen, C. Casas, G. Georgiadis, G. Gopinath and A. Mehl, which provide updated information up to 2023 and, for the first time, on invoicing in Chinese renminbi, are now also available on our website under “Publications & Datasets”.
NEW: Dataset on cross-border connections of fast payment systems!
You can read the recently published paper featuring this dataset here:
Ferrari Minesso, M., A. Mehl, O. Triay Bagur and I. Vansteenkiste (2025), “Geopolitics and global interlinking of fast payment systems”, CEPR Discussion Paper, No. 20105.
22 July 2025: Global Currencies Database cited in IMF's External Sector Report
IMF staff use our Global Currencies Database in their External Sector Report! Read ESR Chapter 2 on “International monetary system: currencies in a changing world” citing also several of our papers.
28 June 2025: Time to give the euro a glow-up
Time to give the euro a glow-up, says Katie Martie in Financial Times, using also the data from on Boz, Brüggen, Casas, Georgiadis, Gopinath and Mehl, ‘Patterns of invoicing currency in global trade in a fragmented world economy’, Working Paper Series, ECB, 2025, forthcoming.
An UPDATE of the currency invoicing dataset will soon become available here!
21 June 2025: Seizing central bank assets? presented at NBER
Arnaud presented Seizing central bank assets? at the NBER International Seminar on Macroeconomics.
17 June 2025: This is Europe’s ‘global euro’ moment
ECB President Christine Lagarde Opinion in Financial Times citing Eichengreen, Mehl and Chiţu (2018), “Mars or Mercury? The geopolitics of international currency choice”
2 June 2025: Mars und Merkur: Hat der Euro jetzt eine neue Chance gegen den Dollar?
Read F.A.Z. (Frankfurter Allgemeine Zeitung) column written by Gerald Braunberger on Eichengreen, Mehl and Chiţu (2019), “Mars or Mercury? The geopolitics of international currency choice”.
26 May 2025: A global euro moment
ECB President Lagarde Speech “Earning influence: lessons from the history of international currencies” citing several of our publications on international currencies
18 April 2025: Mars or Mercury rebooted: The Trump administration, the dollar, and the geopolitics of international currency choice
VoxEu column republishing the earlier findings from our 2019 “Mars or Mercury? The Geopolitics of International Currency Choice” that countries relying on the US for their security umbrella are disproportionately inclined to hold dollar reserves.
22 March 2025: Can the dollar remain king of currencies?
Read Barry Eichengreen’s Financial Times article!
