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Wikipedia.org
United States dollar (Wikipedia.org)

The dollar (currency code USD) is the unit of currency of the United States. The U.S. dollar has also been adopted as the official and legal currency by the governments in a few other countries. The U.S. dollar is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. It is divided into 100 cents.

Adopted by the Congress of the Confederation of the United States on July 6, 1785, the U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. In 1995, over US $380 billion were in circulation, two-thirds of which was outside the United States. By 2005, that figure had doubled to nearly $760 billion, with an estimated half to two-thirds being held overseas, representing an annual growth rate of about 7.6%. However, as of December 2006, the dollar was surpassed by the euro in terms of combined value of cash in circulation. Since then the current value of euro cash in circulation has risen to more than €695 billion, equivalent to US$1,029 billion at current exchange rates.

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Life without dollar as reserve currency. Dow Jones Newswires' Madeleine Lim breaks down what life would be like if the greenback weren't the staple of world currency.
7m 49s |
5 days ago
FOX Business
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18 Nov 09: Mid-week bounce on European markets - Gold hits new record high - Allied Irish Bank raises bad-debt charge to almost £5 billion - Bank three-way split on quantitative easing
a week ago
Telegraph newspaper online
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Economic guru warns global currency and one-world government could be in our future
17m 4s |
a week ago
FOX News
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The dollar's impact on the global economy. Author Gordon Chang weighs in on China's criticisms of the dollar.
2m 25s |
a week ago
FOX Business
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The euro could be due for a sharp drop against the dollar as the momentum behind the euro's recent strength has been stalling for some time,...
2m 46s |
2 days ago
CNBC Video Gallery - CNBC.com
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The dollar will continue to be used as a funding currency of choice for carry trades, believes Harry Ida, senior analyst at Thomson Reuters....
4m 3s |
2 days ago
CNBC Video Gallery - CNBC.com
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John Lipsky, first deputy managing director for the International Monetary Fund, talks with Bloomberg's Margaret Brennan about the value of the U.S. dollar.
3 days ago
Bloomberg - Financial News
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Debating where the dollar and commodities are likely headed this week, with Peter Beutel, Cameron Hanover president; Nick Bennenbroek, Wells Fargo head of currency strategy; Philip Gotthelf, Equidex ...
3 days ago
MSN Video
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