The Future of the Dollar
β Scribed by Richard N. Cooper, Peter M. Oppenheimer, Pascal Salin and Motoo Kaji
- Book ID
- 125300171
- Publisher
- Foreign Policy Group
- Year
- 1973
- Tongue
- English
- Weight
- 501 KB
- Volume
- 11
- Category
- Article
- ISSN
- 0015-7228
- DOI
- 10.2307/1148034
No coin nor oath required. For personal study only.
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## Abstract The end of the dollar's global prominence has been predicted for a long time. Will the dollar lose its status as the world reserve currency? And what will this mean for business in the United States and abroad? Β© 2011 Wiley Periodicals, Inc.
Index (USDX) is a geometric weighted average of ten T major foreign exchange (FX) rates, expressed in index form relative to the geometric weighted average of March 1973 (the base).\* Formally, if we denote by Si and Bi the spot FX rates of country i expressed in "American terms" (U.S. dollars per f