연구정보
US DOLLAR STABILITY AND THE GLOBAL CURRENCY RESERVES
베트남 국외연구자료 기타 Kristijan Gavranić, Dejan Milеtić Eurasian Journal of Economics and Finance 발간일 : 2016-04-03 등록일 : 2017-01-03 원문링크
The participation of the United States in the First and the Second World War, as well as in the Vietnam War led to an increase in expenditures for the US national defense and the need to finance such expenditures from the primary emission. This further led to the rising inflation and the falling value of the dollar. Since today the US dollar holds a leading position in the world's foreign exchange reserves, its decline would have an effect on reduction of the foreign exchange reserves value.
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