Unites States dollar as an international currency

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Volume Title

School of Business | Bachelor's thesis

Date

2018

Major/Subject

Mcode

Degree programme

Taloustiede

Language

en

Pages

24

Series

Abstract

In this literature review I study the role of the Unites States dollar as an international currency by focusing on different aspects of this position. These aspects are the U.S. dollar as an official reserve currency, U.S. dollar hand-to-hand usage in foreign countries, U.S. dollar in international trade and U.S. dollar in international financial markets. We review these aspects by looking at their theory and position of U.S. dollar in each of these. We find that the Unites States dollar is still dominating currency internationally.

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Thesis advisor

Murto, Pauli

Keywords

international role of the U.S. dollar, international currency, Unites States dollar, role of international currency

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