Why Should The United States Dollar Be An International Currency?

Looking at the currency rates both on the internet and newspapers, we can see almost all the currencies in the world exchange rate United States dollar. Why should be like that ...?, Because the true United States Dollar is currently an international currency. Even information says all the countries that exist in the world save its foreign exchange reserves in the form of dollars. So that's not surprising almost everyone in the world want to accept dollars, meaning dollar is believed as a means of payment around the world.

To note, although the universe is not only the United States that use the dollar, but only the money that became the international currency. And not singapore dollars, Australian dollars or other dollars. US Dollar (United States Dollar) is the official currency for the United States, then for the issuance of dollar money uncle sam country is controlled by the Federal Reserve banking system, then the code of ISO 4217 for the US dollar is USD, while the title in the article International Monetary Fund Is US $.

Furthermore, why the US Dollar could become an international currency ...?. The answer, because in the old days printing money can not be done carelessly, there must be a gold reserve, simple story means a proof of ownership of gold. So on then be
Formerly the appraisal base was about how much gold inventory, but now it has been different. The greater the level of Gross Domestic Product (GDP) of a country and the volume of cross-border transactions, the greater the level of demand for its currency. It can not be denied that until 2017, the United States is still the country with the largest total GDP and its growth is highly consumer-driven. In addition, USA also has a variety of giant industry of international scale. Currency exchange rates have been left entirely on the market mechanism, without any direct intervention from the