Why is the US dollar used as the benchmark for currencies worldwide? 578 viewsJanuary 3, 2024 Question100.55K February 28, 2022 0 Comments Why do we compare our country’s currency to that of US’s and determine our currency’s value? In: 1 8 Answers ActiveNewestOldest Anonymous Posted February 28, 2022 0 Comments The US economy is the largest in the world by a very large margin. Their currency is also regarded as extremely stable and is therefore used as an informal standard to measure other currencies from smaller economies against. You are viewing 1 out of 8 answers, click here to view all answers. Register or Login
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