Why does most interbank currency trading worldwide involve the U.S. dollar?

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International Financial Management

ISBN: 978-0078034657

6th Edition

Authors: Cheol S. Eun, Bruce G.Resnick

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Question Posted: Mar 13, 2012 05:24 AM

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Why does most interbank currency trading worldwide involve the U.S. dollar?

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Trading in currencies worldwide is against a common currency that has internationa...View the full answer

International Financial Management

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