It is common practice among currency traders worldwide to both price and trade currencies against the U.S.dollar.In fact,2013 BIS statistics indicate that about ________ of currency trading in the world involves the U.S.dollar on one side of the transaction.

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According to the 2013 Bank for International Settlements (BIS) statistics, about 87 percent of currency trading in the world involves the U.S. dollar on one side of the transaction. This highlights the dominant role of the U.S. dollar in global finance and currency trading.

It Is Common Practice Among Currency Traders Worldwide to Both