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  2. Special drawing rights - Wikipedia

    en.wikipedia.org/wiki/Special_drawing_rights

    Special drawing rights. Special drawing rights ( SDRs, code XDR) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF). [ 1] SDRs are units of account for the IMF, and not a currency per se. [ 2] They represent a claim to currency held by IMF member countries for which they may be ...

  3. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers. Most trades are to or from the local currency.

  4. U.S. Dollar Index - Wikipedia

    en.wikipedia.org/wiki/U.S._Dollar_Index

    The U.S. Dollar Index ( USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, [1] often referred to as a basket of U.S. trade partners' currencies. [2] The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies.

  5. Reserve currency - Wikipedia

    en.wikipedia.org/wiki/Reserve_currency

    The reserve currency can be used in international transactions, international investments and all aspects of the global economy. It is often considered a hard currency or safe-haven currency . The United Kingdom's pound sterling was the primary reserve currency of much of the world in the 19th century and first half of the 20th century. [ 1]

  6. Economy of the United States - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_United_States

    There is a large amount of U.S. dollars in circulation all around the planet; about 60% of funds used in international trade are U.S. dollars. The dollar is also used as the standard unit of currency in international markets for commodities such as gold and petroleum. [365]

  7. United States dollar - Wikipedia

    en.wikipedia.org/wiki/United_States_dollar

    The United States dollar ( symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.

  8. What are the biggest bargains for international travel? - AOL

    www.aol.com/lifestyle/biggest-bargains...

    -Change in local currency against the U.S. dollar over the past five years -31.0% Japan has been a bucket-list trip for Americans for many decades but is notably more expensive, especially in big ...

  9. Foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_market

    The foreign exchange market ( forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.