The US Dollar's Durability and Impact
Introduction
For many years, the United States dollar, sometimes known as the USD or just the dollar, has served as a representation of economic might and international clout. A strong economy, political stability, and tactical foreign alliances have all supported its ascent to become the top reserve currency in the world. In this article, we examine the historical development of the global financial system, its crucial position in the financial system at large, and the factors that have contributed to its ongoing strength.