Archive for the ‘Currencies’ Category

Banking in US Dollars the World’s Major Reserve Currency

US dollar has been the world’s major reserve currency since World War II. In spite of the U.S. being the origin of the global financial crisis in 2008, the US dollar status, albeit questioned, has never been shaken. The still-evolving sovereign debt crisis in Europe has further boosted the safe-haven demand for US Dollars.

Read more »