U.S. Dollar Area

U.S. Dollar Area

The area in which the U.S. dollar circulates as a primary currency, either officially or unofficially. The U.S. dollar area includes the United States and its territories, as well as the nations of the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, Liberia, Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands and Zimbabwe. Some of these countries have their own currencies but the dollar may be just as accepted or even more widely accepted.
References in periodicals archive ?
Re-pegging the Hong Kong dollar to the renminbi makes no sense at this time, as Hong Kong's economy is still functionally more integrated 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.
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