Why Dollar Is A Global Currency?

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The US Dollar's status as the primary international currency stems from a combination of historical strength after World War II, the Bretton Woods Agreement, and the United States' pivotal role in global trade and finance. Its widespread use in international transactions, deep financial markets, and the perception of stability further solidify its dominance, alongside the political and military influence of the United States, making it the preferred reserve currency and a common medium of exchange globally.

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Reference: https://docs.google.com/document/d/16...
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