America doesn’t use their own currency as a foreign currency reserve. They really don’t have much of a need for a foreign currency reserve as they have historically had a relatively stable currency and a lot of partners who are more than willing to trade in USD.
The US has around 30-40 billion in reserve currency while the EU has somewhere between 300-400 billion.
America doesn’t use their own currency as a foreign currency reserve. They really don’t have much of a need for a foreign currency reserve as they have historically had a relatively stable currency and a lot of partners who are more than willing to trade in USD.
The US has around 30-40 billion in reserve currency while the EU has somewhere between 300-400 billion.