U.S.dollars can currently be exchanged for gold by foreign central banks,but not by U.S.citizens.

Name: U.S.dollars can currently be exchanged for gold by foreign central banks,but not by U.S.citizens.
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Question

Quizplus · Accepted Answer

The U.S. dollar cannot currently be exchanged for gold by foreign central banks or U.S. citizens directly through the government. The gold standard was abandoned by the United States in 1971, meaning the dollar is not convertible to gold by any party through official means.

USDollars Can Currently Be Exchanged for Gold by Foreign Central