Dollar

Definition of Dollar

Dollar (or United States Dollar) is the currency for United States of America, a U. S. Dollar or United States dollar is made up of 100 cents, and the representation of U. S. dollar is the symbol $ or US$. It is considered as a benchmark currency which is most used in the transaction across the world.

Books on Dollar

Book 1 –

Dilemmas of the Dollar: The Economics and Politics of United States International Monetary Policy By C. Fred Bergsten (published by M.E. Sharpe, 1996)

Book 2 –

The Effect of changes in the value of the U.S. dollar on trade in selected commodities By United States International Trade Commission (published by U.S. International Trade Commission, 1983)

How Dollar works?

The United States dollar originated from the Coinage Act of 1792, which specifies that a U. S. dollar is equal to between 371 and 416 grains of silver and an $10 is equal to between 247 and 270 grains of gold.

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