The U.S. dollar has been the world’s dominant currency since the end of World War II.
According to the Congressional ...The U.S. dollar has been the world’s dominant currency since the end of World War II.
According to the Congressional Research Service, roughly half of international trade, international loans, and global debt securities are denominated in USD. The same goes for many of the world’s most important commodities including gold, silver, and crude oil.
In this chart, we provide a snapshot of the U.S. dollar’s global standing.
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Source: Visual Capitalist
