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What are the world's most valuable currencies?

Every country has its currency but, no two currencies have the same value. This is why this article discusses some of the most valuable ones. For the purpose of comparison, the value of each currency has been given in US dollars since it is the international...

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What is the petrodollar system and how does it impact the world economy

Petrodollar is simply the U.S. dollars paid to any oil-exporting country in exchange for crude oil. To ensure availability of crude oil, the United States patronizes many oil-exporting countries. Over the years, the United States has purchased oil from so many...

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Reserve currency and its role throughout history

Reserve currencies have existed in some form or another for centuries. As cryptocurrencies rise in popularity, is it possible that they may become the new reserve currency? First, let's look at what a reserve currency is.

A reserve currency is a single currency...

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