United States dollar

The United States dollar is the official currency of the United States, divided into 100 cents and commonly abbreviated USD or $.

Federal Reserve System: The central banking system of the United States, responsible for monetary policy and financial stability. It influences dollar supply and short-term interest rates through monetary policy.
Spanish dollar: A silver coin widely used in the Americas and international trade from the sixteenth through the nineteenth centuries. Its familiar name and widespread use helped shape the new American currency.
United States dollar as reserve currency: The dollar’s role as a currency held by central banks and used widely in international finance. Foreign monetary authorities hold dollars to support exchange-rate management and international payments.
Euro: The common currency used by the member states of the euro area. It is the dollar’s principal peer in international currency markets and reserves.
Seigniorage: The income a currency issuer earns from issuing money, especially when its production cost is below its face value. Global demand lets the United States issue dollar liabilities at relatively low cost.
United States Department of the Treasury: The federal department that manages public finances, government borrowing, and production of currency. It issues Treasury securities and oversees production of coins and banknotes.
Continental currency: Paper money issued by the Continental Congress during the American Revolutionary War. Its collapse exposed the dangers of weak backing and limited public confidence.
Foreign exchange market: A global market where currencies are exchanged and their relative prices are determined. Dollar exchange rates shape the cost of imports, exports, travel, and cross-border investment.
Chinese yuan: The official currency of the People’s Republic of China, also known as the renminbi. China’s currency is a major state-managed alternative in trade and global finance.
Exorbitant privilege: The financial advantages a country receives from issuing a widely used international reserve currency. The dollar’s global role can lower United States borrowing costs and support overseas purchasing power.

Linked from 25 pages