DOLLAR

USD

The dollar is issued by the Federal Reserve System (Fed).

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Features of the US dollar:

1.  International reserve:

•  The US dollar is widely used as a reserve currency around the world, holding significant reserves by central banks and governments of many countries. This ensures the stability and reliability of the dollar as a global asset.

2.  Influential economy:

•  The dollar reflects the state of the American economy, which is the largest in the world. The state of the US economy, including the level of inflation, unemployment and economic growth, affects the value of the dollar in the world market.

3.  Wide use:

•  The dollar is the most common currency in international transactions. Most international contracts, including trade in oil and other goods, are carried out in dollars.

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Application of the US dollar:

1.  International trade:

•  The dollar is used for settlements in international trade. Many countries choose the dollar to export and import goods and services.

2.  Domestic and international payments:

•  The dollar is used for domestic economic transactions in the United States, and is also widely accepted for international payments. This makes it a universal tool for financial transactions.

3.  Financial reserves:

•  The dollar is kept as reserves by central banks of many countries, which helps stabilise national currencies and provides liquidity in the event of economic crises.

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The US dollar remains one of the most important currencies in the global economy, due to its stability, widespread use and influence of the American economy.

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