[D-fendr]

I think what you’re referring to is when dollars are exchanged for local currency, the bank exchanging them keeps some percentage in dollar reserves.

Is that what you mean?

[Carry_Okie]

I think what you’re referring to is when dollars are exchanged for local currency, the bank exchanging them keeps some percentage in dollar reserves.

There are both licit and illicit reserve currency functions. The former is obvious, the most notable being petrodollars. The latter is mostly drug money, which is actually a substantial amount of the total currency stock.