How did dollar became international currency for trading
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As a result of the Bretton Woods Agreement, the U.S dollar was officially crowned the world's reserve currency, backed by the world's largest gold reserves. ... With growing concerns over the stability of the dollar, the countries began to convert dollar reserves into gold.
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a global currency is one that is accepted for trade troughout the world .the most accepted are US DOLLARS AND EURO AND YEN. another name is reserve currency.
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according to international monetary fund the u. s dollars is most popular. as the first quarter of 2019 it makes up 61% of all known central bank foreign exchange reserves..
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