Third Conference on the International Roles of the U.S. Dollar

May 20 - 21, 2024

Washington, D.C.

The Federal Reserve Board and the Federal Reserve Bank of New York are jointly organizing the 3rd conference on the International Roles of the U.S. Dollar on May 20 and 21, 2024, in Washington, DC. The conference will feature a keynote address by Stijn Claessens (Former Head of Financial Stability Policy at the Bank for International Settlements), panel discussions, and paper presentations with discussants. This year's conference will center around understanding the drivers, consequences, and policy implications of the international roles of the dollar, with an emphasis on the following areas:

  • The roles of the U.S. dollar in global payment systems and international financial transactions, addressing how evolving and new payment systems impact cross-border transactions, the speed of flows, and dollar funding liquidity.
  • With an increased role of tokenization and new ways to make payments, research that informs emerging frictions that could change U.S. dollar usage, dollar credit conditions and dollar financial markets functioning.
  • The role of the U.S. dollar as a safe-haven currency: As geopolitical risks increase, work on the liquidity and safe-haven status of U.S. dollar-denominated securities, and on the implications of new payment technologies and digital assets for this status.
  • The policy toolkit and roles of the U.S. dollar: How monetary policy regimes, central bank dollar facilities, prudential regulations, and capital flow management tools engage with the U.S. dollar's roles in international trade and finance and as a reserve currency.
  • Financial institutions and financial markets: U.S. dollar activities and evolving roles of bank and nonbank financial institutions in international financial markets, including in funding markets, foreign exchange derivatives and offshore financial centers.

If you have any questions, contact [email protected].

Back to Top
Last Update: May 14, 2024