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By the end of the 20th century, the United States dollar was considered the world's most dominant reserve currency. The world's need for dollars has allowed the United States government as well as Americans to borrow at lower costs, granting them an advantage in excess of $100 billion per year.
The U.S. dollar is an important international reserve currency along with the euro. The euro inherited this status from the German mark, and since its introduction, has increased its standing considerably, mostly at the expense of the dollar.he U.S. Dollar Index (Ticker: USDX) is the creation of the New York Board of Trade (NYBOT), renamed in September 2007 to ICE Futures US.