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Igor

United States Dollar (USD) Definition

By Igor, in Trading Dictionary

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Igor    10

Igor
Posted

The United States Dollar is the official currency in which most international transactions are denominated. The origins of this can be traced to the 1944 Bretton-Woods conference where the US Dollar was adopted as the global reserve currency, due to the relatively low affectation of the US economy by the Second World War. 1 United States Dollar is subdivided into 100 cents.

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