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 ?
"The rise in petrol and diesel prices, and the decline in the value of Indian rupee against United States dollar are both a topic of concern for the BJP and the central government.
He says what is being disbursed to Civil Servants is 35 percent of their monthly salary, which is in Liberian dollars, while the balance 65 percent is being processed for payment thru United States Dollar accounts.He claims 75 percent of Civil Servants is not being affected by the exercise.
The United States dollar bond is likely to be priced on November 22, 2010.
Aerovias del Continente Americano SA Avianca (formerly known as Aerovias Nacionales de Colombia SA Avianca) has terminated its offer to purchase for cash up to USD11,732,000 in outstanding Fixed Principal Amount (or USD14,000,000 in original Fixed Principal Amount) of its United States Dollar Denominated Notes due 30 April 2011.
The price hike is because of a weakening United States dollar and an increase in the price of raw materials.
Timothy Thomas appearing for confirmation hearings at the Capitol argues before senators that the high exchange rate and rapid depreciation of the Liberian dollar against the United States dollar cannot easily be handled by this administration until government introduces measures, including printing new currency.
Eni SpA (ENI.MI), an Italy-based oil and gas company, is planning a United States dollar bond offering in benchmark size.
It is taking this step because of a weaker United States dollar, higher raw material prices and lower demand in the United States and Europe.
The company has taken this step because of the weakening of the Polish zloty versus the United States dollar that has made imported gas more expensive.
The decrease is attributed to appreciation of the Brazilian currency against the United States dollar, which reduced the revenue from the Itaipu hydroelectric dam, which it operates jointly with the Paraguay government.
Liberians are anxiously waiting to hear what he has to say about the dismal state of economy characterized by rapid depreciation of the Liberian dollar against the United States dollar with the exchange rate currently at LRD193 to one US$1.00 amid rising prices.
CLP Holdings Limited (CLP Holdings) (KSE: 0002), a Hong-Kong-based power supplier, has hired four banks to lead manage a planned benchmark-sized United States dollar bond offering, according to a source.

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