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STATUS OF US DOLLAR AS GLOBAL RESERVE CURRENCY VS OTHERS

Published On 06 Jan 2020 03:21 AM


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The US economy and financial system depend greatly on the dollar as the dollar is the dominant global reserve currency. The US economy and financial systems include being able to maintain and fund huge trade and fiscal deficits. International Monetary Funds (IMF)has recently released a report which shows the status of global reserve currency vs other currencies and how this status is changing.

According to IMF’s quarterly COFER....


Tags : economy , US , financial, system , International Monetary Funds (IMF), COFER , Dollar,
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