U.S. Dollar


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U.S. Dollar

The currency of the United States. First issued in 1792, it is the currency used most often in international transactions. After World War II, most world currencies were pegged to the dollar, which was pegged to gold. In 1971, the dollar became a fiat currency. Nevertheless, many currencies are still pegged to the dollar, and it is one of the most important reserve currencies in the world.
References in periodicals archive ?
Worldwide gross win from online gambling was at around 30 billion U.
In addition to ADB funds, there will be cofinancing of up to 60 million U.
The pegging of the Chinese currency, the yuan, to a fixed rate of exchange with the U.
The foreign exchange markets, however, have not priced into the exchange rates these consensus forecasts for a simple reason: there is widespread disagreement about the future course of inflation/deflation rates in the U.
Forced liquidation value (auction) is a professional opinion of the estimated most probable price expressed in terms of cash in U.
One member suggested that all schedules be prepared in U.
Although the chalet's fair market value did not appreciate in the two years that N owned the chalet, the home increased in value in terms of the strength of the U.
In contrast, the group's England-based Midland Bank recorded an attributable profit of 909 million U.
But if appreciation of the Japanese yen were to lead to increases in Japanese imports and reductions in its exports, then Japan might be expected to have an enormous trade deficit, given that the exchange rate was 360 yen to the U.
The increased demand for payment services is explained partly by the extensive reliance throughout the world on the U.
For more and more of our global clients, this expansion of Image Deposit Centers means they can continue to conduct business as usual when it comes to preparing their U.
The natural rubber market is widely expressed in U.

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