- March SCB -, -, -, -, -, -, -, -, -, -,,,,,, -, -, -, -,, -,,,, -,,,,,, - -,, -,, Survey of Current Business, July, Table (p. ), Oct, Table (p. ) S.

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Transcription:

- March SCB -, -, -, -, -, -, -, -, -, -,,,,,, -, -, -, -,, -,,,, -,,,,,, - -,, -,, Survey of Current Business, July, Table (p. ), Oct, Table (p. ) S.C.B. July, Table

SCB, -, - - -, -, - -,,,, - Ibid., Table SCB Bloomberg

- March FRB FRB FRB FRB FRB.

EU EU

- March EU EU ECB, The International Role of the Euro, July, Statistical Annex p.

Gazprom 12 10 8 6 4 2 0 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 ECB, The International Role of the Euro, July, p. 12 10 8 6 4 2,.,.,.,. n.a.,.,.,. n.a.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.

- March A,,,, B,,,, C,,,, A, B, C,, A,, B,,, C,, The Central Bank of the Russian Federation, Central Bank Survey of Foreign Exchange and Derivatives Market Activity

BIS / / / / / / /,,,,,, /,,,,,, /,,,,,, /,,,,,, /,,,,,, /,,,,,, /,,,, /,,,,,, /,,,,,, /,,,,, /,,,, /, / /,, /,,,,,, /,,,,,,,, Bank of England, Quarterly Bulletin,, Q, pp.-

- March / / / / / / / / / / / / / / / / / /

/,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,, /,,,,,, /,,, /,,,,, /,,, /,,,,,,,, /,,,,,,,, /,,,,,, /,,, /,, /, / / The Foreign Exchange Joint Standing Committee, Semi-Annual Foreign Exchange Turnover Survey, April, Table a, d / / / / / /

- March / / / / / / / / /,,,,,,,, /,,,,,,,, /,,,,,,,, /,,,,,,, /,,,,,,, /,,,,,,,, /,,, /,,,,, /,, /,,,,,,,, /,,,,,,, /,,,,,,, /,, / /, /, / The Foreign Exchange Joint Standing Committee, Semi-Annual Foreign Exchange Turnover Survey, April, Table a, d

/ / / / / / / / / / / / / / /

- March / / / / ASEAN ASEAN /,,, /,,, /,,, /,,, /,,, /,,, /,,, /,,, /,,,,,,, The Singapore Foreign Exchange Market Committee, Survey of Singapore Foreign Exchange Volume in April 2009, July, Table

.... http://searchina.ne.jp/exchange/?type=usd&mode=chart&dwm =weekly

- March MAS: Financial Database -Exchange Rates

....

- March http://www.bnm.gov.my/templates/bnm_statistic_chart.php?ch= & pg=&style=...

.. -..... -.. -. -. -. -. -. -.. -.. -.. -.. -. -...... -. -. -. -.. -........ Bank of Thailand http://www.bot.or.th/statistics/reportpage. asx?reportid=&language=evg)

- March

. A A A α EU... A EU α A A A α α A α A

- March A α A m http://www.jiji.com/jc/zc?k= / &rel=y&g=int http://headlines.yahoo.co.jp/hl?a=--reu-bus_all ECB, Monthly Bulletin, Nov., p.. http://www.excite.co.jp/news/china//recordchina_.html European Commision, EMU@10, Success and challenge after ten years of Economic and Monetary Union,, p.. GCC http://www.asahi.com/international/reuters/rtr.html http://news.goo.ne.jp/article/reuters/world/ JAPAN-.html?C=S EU

- March The Future of the Dollar as a Key Currency The purpose of this paper is to consider the future of the dollar as a key currency and the dollar regime. In 2008, the U.S. financial account surplus continued financing the current deficit, but most of the surplus came from the withdrawal of her foreign investments. Foreign investments to the U.S. in 2007 was 1,648 billion, but those in 2008 decreased to about 47 billion, making the financing of the U.S. current deficit unlikely. In addition to that, recently there are some signs of flight from the dollar. Global investment in the dollar, for example, is not increasing and investments in other currencies are on the rise. And the euro has partly replaced the dollar as invoice currency of Russian natural gas export to European countries. Moreover, some Gulf nations might change her currency system to the basket system from the dollar peg system. OKUDA, Hiroshi, Professor, College of International Relations, Ritsumeikan University