Most transactions in the global foreign exchange market occur with this currency on one side of the transaction.
A) the U.S. dollar.
B) the British pound.
C) the euro.
D) the Japanese yen.

Question

Quizplus · Accepted Answer

The U.S. dollar is the most widely used currency in global foreign exchange transactions, often serving as a benchmark or intermediary currency.

Most Transactions in the Global Foreign Exchange Market Occur with This