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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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Life without dollar as reserve currency. Dow Jones Newswires' Madeleine Lim breaks down what life would be like if the greenback weren't the staple of world currency.
7m 49s |
Yesterday
FOX Business
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18 Nov 09: Mid-week bounce on European markets - Gold hits new record high - Allied Irish Bank raises bad-debt charge to almost £5 billion - Bank three-way split on quantitative easing
4 days ago
Telegraph newspaper online
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Economic guru warns global currency and one-world government could be in our future
17m 4s |
4 days ago
FOX News
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The dollar's impact on the global economy. Author Gordon Chang weighs in on China's criticisms of the dollar.
2m 25s |
5 days ago
FOX Business
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Thio Chin Loo, senior currency strategist at BNP Paribas, explains why the Aussie dollar and New Zealand dollar are trading at two-week lows...
5m 6s |
2 days ago
CNBC Video Gallery - CNBC.com
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Non-leveraged U.S. dollar liquidity is the driving force behind global financial markets at the moment, according to Hans Redeker, global he...
3m 9s |
2 days ago
CNBC Video Gallery - CNBC.com
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Nov. 17 - When the massive dollar carry trade unwinds, the greenback will shoot up "three big figures" against the euro, warns Dennis Gartman, editor and publisher of The Gartman Letter.
5m 27s |
4 days ago
Reuters
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Marc Chandler, global head of currency strategy at Brown Brothers Harriman & Co. in New York, talks with Bloomberg's Bernard Lo about the outlook for the Japanese yen and China's policy on the yuan.
a week ago
Bloomberg - Financial News
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