How Global Trade Runs on U.S. Dollars | WSJ

Published: 22 January 2020
on channel: The Wall Street Journal
756,886
15k

Nearly 90% of international transactions in 2019 were in U.S. dollars, giving the U.S. extraordinary power over nearly every entity that imports or exports anything anywhere. Here’s how the global economy runs on the U.S. dollar -- and why some countries are trying to chip away at its dominance.

More from the Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit the WSJ Video Center: https://wsj.com/video

On Facebook:   / videos  
On Twitter:   / wsj  
On Snapchat: https://on.wsj.com/2ratjSM

#WSJ #Economy #Trade


Watch video How Global Trade Runs on U.S. Dollars | WSJ online without registration, duration hours minute second in high quality. This video was added by user The Wall Street Journal 22 January 2020, don't forget to share it with your friends and acquaintances, it has been viewed on our site 756,886 once and liked it 15 thousand people.