The most popular reserve currency is now the
A)U.S. dollar.
B)Euro.
C)Japanese Yen.

Question

Quizplus · Accepted Answer

The U.S. dollar is currently the most widely held and traded reserve currency in the world. Its dominance can be attributed to the strength of the U.S. economy, the stability of the political system, and the fact that many commodities and international transactions are priced in dollars. The U.S. dollar's status as the reserve currency also gives the U.S. government certain advantages in international trade and finance.

The Most Popular Reserve Currency Is Now the