Cryptocurrency Q&A
What currency is used in foreign exchange?
What currency is used in foreign exchange?
Sara
Fri Jan 17 2025
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7
answers
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I am interested in finding out about the currency that is commonly used in foreign exchange transactions. I want to understand which currency is preferred or most widely accepted in such exchanges.
7 answers
CharmedSun
Sun Jan 19 2025
The U.S. dollar's influence extends beyond the borders of the United States.
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Martina
Sun Jan 19 2025
Additionally, several foreign territories, municipalities, and nations have adopted the U.S. dollar.
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Elena
Sun Jan 19 2025
The U.S. dollar holds a significant position in the global financial system.
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CryptoMaven
Sun Jan 19 2025
The widespread acceptance of the U.S. dollar highlights its global significance.
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SsangyongSpiritedStrengthCourage
Sun Jan 19 2025
The Federal Reserve plays a crucial role in the issuance of U.S. dollars.
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