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The U.S. dollar is used far beyond America’s borders. Oil is traded in dollars, while some countries peg their currency to dollars. A few smaller countries like El Salvador just use U.S. dollars ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

Discover what a national currency is, how it functions as legal tender, and its role in global trade and economic stability. Learn how currencies like the U.S. Dollar influence economies.

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The U.S. government, economy, and citizenry reap huge benefits from the dollar’s ...

The United States dollar has ruled global trade and finance for decades. From oil payments to international loans, the dollar is the preferred choice. But now, China is quietly challenging that ...

A Texas Republican lawmaker introduced a bill on Wednesday to the state's House of Representatives that would create a new body to conduct "a thorough evaluation" of Texas' ability to launch its own ...

Every few years, the economic and financial media run stories prophesying the end of the U.S. dollar’s role as a reserve currency, its replacement with the Chinese renminbi, and the supposed ...

Rep. Ritchie Torres, a New York Democrat, introduced legislation aimed at blocking President Donald Trump's administration from issuing coins bearing the Republican leader's own image. The bill comes ...

Colonial Currency, Massachusetts, 12 Pence, 1776, Paper Money of the United States Page 218 states the image is courtesy of the Federal Reserve Bank of San Francisco and clearly shows that the reverse ...