In contrast, a domestic currency is used only inside the country of issue. In the case of the euro, international use would mean use by residents outside the countries comprising the euro area. On the ...

discusses recent trends in the international use of the dollar, and assesses the possible impact of the euro in world financial markets. FOR THE PAST half century, the U.S. dollar has served as the ...

E urope’s first reserve currency was the tetradrachm, upon which was inscribed an owl. The symbol of wisdom was intended to ...

Several countries besides the United States use the US dollar as their official currency, including nations ... Other currencies accepted there include the euro, the Chinese yuan, the South ...