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The US dollar šµ in 2025
The US coin continues to dominate the global landscape š. The famous $ and its code USD maintain an almost undisputed reign as the global reserve currency š„. It seems that nothing can dethrone its supremacy.
The USD goes far beyond American borders. Not only that. It has become the universal financial language š. Curious how so many countries have fallen under its influence, officially adopting it or tying their own coins to it.
There are several "dollars" in the world: ā¢ USD: American ā¢ CAD: Canadian ā¢ AUD: Australian ā¢ NZD: New Zealand Dollar ā¢ SGD: Singaporean ā¢ HKD: Hong Kong Dollar
The Federal Reserve š¦ pulls the strings. They decide. Their monetary policy determines the fate of the dollar, and with it, a large part of the global economy. It's somewhat surprising how a single institution has so much power, isn't it? The stability of the USD has made it almost indispensable for international trade š.