Currency Analyst since 2010

USD is still the dominant power

It’s the 70th anniversary of the Bretton Woods Conference which created the foundations of the global monetary system based on the US dollar we have today.

Despite the efforts to step away from American currency, companies, consumers and central banks around the world prefer the US dollar to other currencies. Almost 90% of the $5.3 trillion a day in foreign-exchange transactions last year involved USD – and this percentage is the same as it was in 1989. Here's the infographics done by Bloomberg:

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