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04-24-2007, 12:52 AM #2
Senior Member
10 for a dollar
Currency's are either on a peg, float, or basket. IF this were to happen wouldn't it also effect all the countries that are pegged to the dollar?
Originally Posted by medicinal
The dollar as the major international reserve currency
Main article: Reserve currency
The dollar is the most important international reserve currency, followed by the euro. The euro inherited this status from the German mark, and since its introduction, has increased its standing considerably, mostly at the expense of the dollar. Despite the dollar's recent losses to the euro, it is still by far the major international reserve currency, with an accumulation nearly three times that of the euro.
United States dollar - Wikipedia, the free encyclopedia
Have a good one!:s4:
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