The U.S. dollar currently serves as a kind of unofficial world currency — it’s used in about 88 percent of international transactions. Even countries that don’t particularly like American policies ...

Although the U.S. dollar is the world's most widely used reserve currency, there is no distinct world currency. Approximately 60% of global central bank currency reserves are held in U.S. dollars.

PER JACOBSSON THE currency cop of the world is a massively built man (6 ft. 1 in., 220 lbs.) ... from a whole series of emergencies, on to stability, to external convertibility.” ...

But an article that appeared in a January 1988 issue of Economist Magazine is one I find truly incredible. If you think how different the world was in 1988, the precise predictions made in this ...

In this article, we look at the 15 most powerful currencies in the world. To skip our detailed analysis of how we reached these rankings, you can head to the 5 Most Powerful Currencies in the World.

The idea of a world currency surfaces regularly in economic discussions — and for good reason. In theory, it could eliminate exchange rates, reduce transaction costs and simplify international ...

The idea of a world currency is certainly not a new one. In 1969, the International Monetary Fund (IMF) created the Special Drawing Rights (SDR) as a supplementary global reserve asset.

The idea of a world currency surfaces regularly in economic discussions — and for good reason. In theory, it could eliminate exchange rates, reduce transaction costs and simplify international ...