In reality, of course, the U.S. dollar became stronger than ever, and its position as the world’s number one currency remains undisputed—until this April, that is. That’s when investors responded to President
Daniel W. DreznerForeign Policy
The U.S. dollar's global dominance has been challenged before. Two years after the European Monetary Union was established in 1993, two economists, Jeffrey Frankel and Menzie Chin, predicted the euro would surpass the dollar as the world's main reserve currency by 2022. Howeve...
A world currency is any money that can freely be used or exchanged for another currency inside or outside the borders of the country that issues it. It may also be called a global currency. The firstU.S. dollar(USD) is the official currency of the United States and several other co...
The current status of the US dollar as a reserve currency Amidst this heightened debate about the likely future reserve currency status of the US dollar it is perhaps worth noting, if only in passing, how little, in several key respects, that status has actually changed ...
a美元可作为国际储备货币,直接用于对外支付, US dollar may take the international reserve currency, uses in the foreign payment directly, [translate] 英语翻译 日语翻译 韩语翻译 德语翻译 法语翻译 俄语翻译 阿拉伯语翻译 西班牙语翻译 葡萄牙语翻译 意大利语翻译 荷兰语翻译 瑞典语翻译 希腊语翻译 51La ...
Dollarization is a term that can fall into three categories: Official dollarization: The dollar is the onlylegal tender; there is no local currency. Examples of this can be seen in El Salvador and Ecuador. Semi-dollarization: A country uses both its own currency and the U.S. dollar intercha...
What happens if the U.S. dollar loses its status as the world's major reserve currency?Question:What happens if the U.S. dollar loses its status as the world's major reserve currency?: Reserve CurrencyReserve currency is the one which is most widely used in all...
Previous empire currencies never obtained that complete of a financial lock on the world, and thus were never true “global reserve” currencies but instead were just “widely recognized and dominant” currencies. So the 1944-present status of the dollar as the global reserve currency is not ...
The U.S. dollar is facing both domestic and external risks, and its status as the world’s largest reserve currency faces a new threat from China.