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This paper will also talk how currency fluctuates.
The U.S. dollar has been the dominant currency in the world’s transactions since the end of World War II in 1945. The U.S. dollar was dominant because the U.S. economy emerged from the war virtually undamaged and was clearly the most powerful in the world at that time. Over the next few decades Japan, and other countries in Western Europe and across the world had begun to develop powerful economies, and their currencies were being used along with the U.S. dollar.
Americans enjoyed a world where the U.S. Dollar was the main currency of exchange and stability throughout the last half of the Twentieth Century...
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Common topics in this essay:
- Bank Of New York
- Chaos In The Currency Markets : Currency Crisis Of The Ems
- Exchange Rate Mechanisms - Currency Hedging
- Factors that Determine the Currency Exchange Rates
- Federal Reserve Bank Changing Money Supply
- Foreign Exchange Markets Now and Then
- Foreign Exchange Markets Summary
- Foreign Exchange Markets Summary
- Foreign Exchange Markets
- Foreign Exchange Markets
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- Foreign Exchange Markets
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