United States dollar
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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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Nov 27 - The global financial crisis hits Russian construction market, resulting in the freezing of major building projects, a near collapse of the mortgage system and job losses. Russian companies ...
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Reuters
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Nov. 26 - The European Commission unveils a 260 billion dollar scheme to revive the bloc's struggling economies. The EU's executive arm is proposing a package to bridge gaps between those counties ...
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The executives of General Motors, Ford and Chrysler pleaded in favour of a 25 billion dollar bailout package before the senate banking committee on Tuesday, warning lawmakers that the US economy ...
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Hans-Guenter Redeker, the London-based global head of currency strategy at BNP Paribas SA, talks with Bloomberg's Rishaad Salamat about the U.K. pound's decline against the dollar.
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Bloomberg - Financial News
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The euro could weaken to $1.20 against the dollar by the end of this year, forecasts Simon Grose-Hodge, director & investment strategist at ...
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CNBC Video Gallery - CNBC.com
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Expect further downside for euro-dollar and aussie-dollar, says Sharada Selvanathan, currency strategist at BNP Paribas. She tells CNBC's Ma...
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Stephen Halmarick, co-head of economic and market analysis at Citigroup Inc., talks with Bloomberg's Catherine Yang about the outlook for the U.S. dollar and euro.
6 days ago
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Mark O'Sullivan from CurrenciesDirect www.currenciesdirect.com answers questions on BBC Radio about the Sterling Pound versus the US Dollar and the Euro. Listen to his insights on the historical ...
6 days ago
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