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Wikipedia.org
United States dollar (Wikipedia.org)

The dollar (currency code USD) is the unit of currency of the United States. The U.S. dollar has also been adopted as the official and legal currency by the governments in a few other countries. The U.S. dollar is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. It is divided into 100 cents.

Adopted by the Congress of the Confederation of the United States on July 6, 1785, the U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. In 1995, over US $380 billion were in circulation, two-thirds of which was outside the United States. By 2005, that figure had doubled to nearly $760 billion, with an estimated half to two-thirds being held overseas, representing an annual growth rate of about 7.6%. However, as of December 2006, the dollar was surpassed by the euro in terms of combined value of cash in circulation. Since then the current value of euro cash in circulation has risen to more than €695 billion, equivalent to US$1,029 billion at current exchange rates.

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As safe haven flows are helping bolster the U.S. dollar, Jan Lambregts, Asia head of research at Rabobank International believes the greenba...
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Congressional Democrats have proposed a $25 billion loan programme to rescue US automakers, with millions of jobs and more than a century of iconic brands riding on the outcome. The Bush ...
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The U.S. dollar set to strengthen, says Meg Browne, senior currency strategist at Brown Brothers Harriman. She tells CNBC's Karen Tso what w...
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Deleveraging remains the main driver in the forex markets, says John Kyriakopoulos, head of currency strategy at NAB Capital, and that will ...
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The U.S. dollar is set to remain strong against the pound and euro in the short-term, predicts Robert Parker, vice-chairman at Credit Suisse...
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Nov 17 - Asian shares mixed on Monday after G20 disappoints. The yen and U.S. dollar pushed higher after the Group of 20 leaders met. Kitty Bu reports. No videos currently selected. Click on any ...
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Masafumi Yamamoto, head of foreign-exchange strategy for Japan at Royal Bank of Scotland, talks with Bloomberg's Catherine Yang from Tokyo about the outlook for Japan's economy and Bank of Japan ...
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The stories, data, and stocks that may have the greatest impact during the coming week.
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