Volume : IV, Issue : VI, June - 2014
Analysis of Trends in Supremacy of Us Dollar from Today’s Perspective.
Auknoor Goutam, Konanki Srinivas Kiran
Abstract :
Supremacy of dollar as International reserve currency is well known. Recent challenges to dollar hegemony from Euro, Chinese Yuan, IMF’s SDR has important consequences to world economy. US dollar is important because of store value of its currency, for invoicing, banking & for trade reasons. Analysing the trends and predicting the value of US dollar Vs other currencies is critical for economists of all countries and has great economic & commercial consequences.The value of dollar is measured in terms of Prices ( GDP & CPI indicators), House hold expenditure, Wages & Output. Us dollar has two roles as reserve currency and another as national currency of US. The demand for dollar in debt market, central Banks & holding of US dollar assets by foreign institutional investors is measured to analyze the trends & predict dominance of US dollar for near future.
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DOI : 10.36106/ijar
Cite This Article:
AUKNOOR GOUTAM, Konanki Srinivas Kiran Analysis of Trends in Supremacy of Us Dollar from Today’s Perspective. Indian Journal of Applied Research, Vol.IV, Issue.VI June 2014
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AUKNOOR GOUTAM, Konanki Srinivas Kiran Analysis of Trends in Supremacy of Us Dollar from Today’s Perspective. Indian Journal of Applied Research, Vol.IV, Issue.VI June 2014
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