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.
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References in periodicals archive ?
In the industry section the largest volume of direct foreign investments in 2018 was aimed to the mining industry and the development of pits - 13.6 billion US dollars. The investments into processing industry and also into wholesale and retail trade were 3.4 and 3.3 billion US dollars, respectively.
At the same time the TOP-5 industries included the financial and insurance activities 1.3 billion US dollars, and the transport and warehousing 786 million US dollars.
In US dollar with settlements T+1 in tenge no deals were made.
The official sources clarified that these loans and grants are being taken to run the daily expenditures of the government, as it is short of funds and now a team of the Ministry of Finance is visiting abroad to sell Sukkuk Bonds to generate another loan of amounting US dollars from 2 to 3 billions, only to run the daily affairs of the government, in the last few months of this government.
Having a fixed exchange rate guarantees that all the above mentioned banks and companies can always buy US dollars at the same peg rate, making it easier to predict future expenses and providing a safety cushion for banks and companies in their international dealings.
The oil price has climbed by nearly 80% to around 50 US dollars a barrel from lows of 28 US dollars seen in the middle of January, but still remains well short of the 115 US dollar peak of June 2014.
The fall is unlikely to attract much sympathy among the wider public, especially as the compensation and benefits figure for the fourth quarter - as Wall Street banks made final decisions on bonuses - rose 11% to 2.19 billion US dollars (PS1.34 billion).
According to the Sydney Morning Herald, Golf Digest magazine said that Woods' winnings of more than 155 million US dollars reflect less than 12 per cent of his career earnings, with 1.16 billion US dollars coming from endorsements since his pro debut in 1996, a figure that continues to increase even after his infamous sex scandal and ensuing divorce.
A[cedilla] $100,000.00 (One hundred thousand US dollars) for the Fund to Support Marine Navigation in the Straits of Malacca.
It says that the gross official reserves, excluding Asian Clearing Union (ACU) balances, increased to US dollars 8,099 million by end July 2011 from US dollars 6,610 million by end 2010.