
WASHINGTON, Feb 19 (Reuters) - The International Monetary Fund said on Thursday it will release a long-awaited initial annual review of U.S. economic policies under the Trump administration on February 25, including assessments of U.S. fiscal, trade and current account deficits and a broad assessment of the dollar's value.
IMF spokesperson Julie Kozack told a regular press briefing that despite recent dollar depreciation, the IMF views the dollar to be central to the international monetary system as it continues to dominate trade invoicing, international reserves, borrowing and global payments.
"When we look at a more historical context, the current level of the dollar against major currencies is close to its historical average over the past decade," Kozack said. "Currency markets can be volatile, and it's, of course, important not to read too much into day-to-day movements in currencies."