Erin Nephew

Erin Nephew is a Senior Economist in the Statistics Department at the IMF, where she focuses on the measurement of reserve assets. She previously served at the Federal Reserve Bank of New York, the U.S. Department of the Treasury, and the Bureau of Economic Analysis, U.S. Department of Commerce. She also worked in the private sector -- in global country risk management at Citigroup and in tax consulting at KPMG LLP -- and taught International Political Economy at NYU. She holds an MA from The George Washington University and a BA from The American University.

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Contents

• Dollar’s Share of Reserves Held Steady in Second Quarter When Adjusted for FX Moves
  • Published: October 1, 2025
  • Authors: Glen Kwende, Erin Nephew, Carlos Sánchez-Muñoz
  • Summary: Exchange-rate effects drove nearly all the decline in the US currency’s share of foreign exchange reserves

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Source: https://www.imf.org/en/blogs/authors/erin%20nephew