People in other countries want to hold U.S.dollars as a

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People in other countries hold U.S. dollars as a store of value because it is considered a stable and reliable currency. This is especially true for countries with unstable economies or political systems, who value the stability and liquidity that U.S. dollars provide. While U.S. dollars can also be used as a medium of exchange, unit of account, and standard of deferred payment, these are not as important for individuals and businesses holding U.S. dollars outside of the United States.

People in Other Countries Want to Hold U