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U.S. Dollar (USD) > Wiki

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The United States dollar (sign: $; code: USD) is the official currency of the United States of America. The U.S. dollar is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. It is divided into 100 cents.

The U.S. dollar is the currency most used in international transactions and is one of the world's reserve currencies.[13] Several countries use it as their official currency, in many others it is the de facto currency,[14] and it is also used as the sole currency in some British Overseas Territories.

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review by . November 09, 2010
posted in Business Matters
May God Bless US All!!!
The sight is ugly. It has been dropping and dropping slowly over the years and speeding up the last few months while Gold has been doing the reverse. This is not an expert opinion since I'm not working in Forex. However, I've traveled enough and have been exchanging enough US$ over the last 2 decades to know that it has never ever gone back to what it was 2 decades ago. Not once and not in near future either (unless God forbids, there's a war or some calamity in the world which is beyond …
Quick Tip by . April 29, 2011
posted in Business Matters
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Since my last quick tip on Nov 10, almost 6 months ago, the US$ has & is still heading further south. I'm expecting to go another 10% at the least before it stabilizes. The worst scenario? Quite easily 20% if some joker ends up being the new president!!! Of course, I may be wrong ;-)
Quick Tip by . November 09, 2010
posted in Business Matters
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Unfortunately and sad for me to say this but the USD is going down the drain... It is diminishing every day in $ terms and if one keeps this as part of his/her savings, it is certainly buying less and less by the day!      US$ is now worth less than the Australian $, hits an all time low of almost Euro 0.70 and almost every major currencies in the world. Against the Yen and RMB, it also approaches the all time low. Goes any lower at the speed it's been going the last 2 months, …
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