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Big deficits, easy money threaten U.S. dollar’s global dominance

Por: MarketWatch Politics September 20, 2023

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Consequently, businesses know they can sell dollar securities at favorable terms when they are most likely to need cash in other currencies. The U.S. share of global trade is just , but the U.S. dollar is the payment currency for about . The dollar is the “vehicle currency” for about  globally. For example, when a Chilean importer purchases Vietnamese apparel, it makes payments in dollars or trades Chilean pesos into dollars and then... + full article



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