About World Currency.

whats is currency

The next closest reserve currency is the euro.

is this matter

FDI/ FII inflow- USA attracts a lot of investment from all over the world when a lot of money comes into USA that increses the demend of US dollar and hence its value goes up, othervise vise ersa.

trade deficit: USA runs a huge trade deficit with almost all yhe countries because it is the largest consuner of goods and services

Only 19.9 percent of known central bank foreign currency .

The chance of the euro becoming a world currency increases as the eurozone in currency.

public debt: USa has the largsest pyblic debt 21 trillion USD and it is staggring

US dolkar will take a hit because then a lot of inveator may take aout their investment from USA.

the crisis highlights the difficulties of ever using the euro as a world currency.

The U.S. Dollar Is the Strongest World Currency.

The relative strength of the U.S. economy supports the worl currency.

Economy supports the value of its currency.

The dollar is the most powerful currency.

Around $580 billion in U.S. bills are used outside the country. That's 65 percent of all dollars.

That includes 75 percent of $100 bills, 55 percent of $50 bills, and 60 percent of $20 bills.

Most of these bills are in the former Soviet Union countries and in Latin America.

Foreign currency reserves were in euros as of the second quarter 2017.

The chance of the euro becoming a world currency increases as the eurozone .

But the crisis highlights the difficulties of ever using the euro as a world currency.

That includes 75 percent of $100 bills, 55 percent of $50 bills, and 60 percent of $20 bills.

Most of these bills are in the former Soviet Union countries and in Latin America.

They are often used as hard currency in day-to-day transactions.

Cash is just one indication of the role of the dollar as a world currency.

More than one-third of the world's gross currency.