15 July 2019

US Doller; Most dominant currency in the world

Donald Trump says the dollar will dominate everywhere in the world
most dominant currency in the world
Washington: The US dollar is by far the most dominant currency in the worldUS President Donald Trump wrote on Twitter that the dollar will always maintain its supremacy.  He also said he was not interested in cryptocurrencies.

 "I'm not a fan of cryptocurrency," he said, adding that Facebook may need a banking license to introduce Libra to the market.
most dominant currency in the world
Facebook must comply with all banking rules.  They have to face the banking authority, the US president explained.

"The cryptocurrencies are not money. Their value is unstable. The only reliable and reliable US dollar is the real currency of the United States," the president said.  India had earlier said Libra was not allowed.