* Given that the dollar is so embedded in the system of international transactions, the United States has turned it into a tool to bleed other countries by collecting seigniorage revenue.
* To boost i
Tag: greenback
U.S. dollar dips as traders weigh banking turmoil
NEW YORK, March 20 (Xinhua) — The U.S. dollar weakened in late trading on Monday as traders cautiously weighed Swiss banking giant UBS\’s takeover of Credit Suisse.The dollar index, which measures the