The Iranian cabinet of ministers held its official meeting on Wednesday under the chair of President Rouhani and decreed that all ministries, organizations, companies, and offices of government should use the euro as the basic currency for currency allocations. In a bid to replace the US dollar w...
The US dollar reached an all-time low against the euro yesterday for the fourth straight day, briefly pushing the European currency above ＄1.33 before recovering slightly, amid concerns about the twin US deficits and the lack of any central bank action to stop the dollar’s decline. The doll...
TheUS Dollar Index (USDX)is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies. Is also called simply asDollar Index. It is a weighted geometric mean of the dollar’s value compared only with “baker” of 6 other major currencies w...
EUR/USD receives downward pressure as the ECB is widely expected to deliver a 25 basis point rate cut on Thursday. Rising Middle-East tensions put pressure on the risk-sensitive Euro. The US Dollar gains ground as the Fed is projected to slow the pace of borrowing cost reductions. ...
"The European Union and the US dollar: From Post-Bretton-Woods to the Euro." Journal of International Money and Finance 23(7-8): 1109-1136.Gadea, Maria-Dolores; Montanes, Antonio and Reyes, Marcelo. "The European Union Currencies and the US Dollar: from Post-Bretton-Woods to the Euro...
2. US Dollar to Euro (USD to EUR) 3. US Dollar to Australian Dollar (USD to AUD) 4. US Dollar to Chinese Yuan(USD to CNY) 5. US Dollar to Japanese Yen (USD to JPY) 6. US Dollar to New Zealand dollar (USD to NZD)
1. US Dollar to Indian Rupee (USD to INR) 2. US Dollar to Euro (USD to EUR) 3. US Dollar to Australian Dollar (USD to AUD) 4. US Dollar to Chinese Yuan(USD to CNY) 5. US Dollar to Japanese Yen (USD to JPY) 6. US Dollar to New Zealand dollar (USD to NZD) ...
Could the U.S. dollar lose its place as the world's reserve currency? Despite a long-term trend toward currency diversification, we don't see the dollar losing dominance anytime soon.
Eurodollar- a United States dollar deposited in a European bank and used as an international currency to finance trade Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc. Want to thank TFD for its existence?Tell a friend about us, add a link to...
In Africa, many countries peg to the euro. The exceptions are Djibouti and Eritrea, which peg their own currencies to the U.S. dollar. In the Middle East, many countries including Jordan, Oman, Qatar, Saudi Arabia, and the United Arab Emirates peg to the U.S. dollar for stability—the...