Currency Profile Of US Dollar (Part III)
by Ahmad Hassam Prior to September 11, US Dollar was considered one of the premier safe haven currencies in the world because the risk of severe US instability was considered to be very low. United States was known to have one of the safest and the most developed capital markets in the world. Almost 76% of the global currency reserves were in US Dollar. This allowed United States to attract investments from all over the world at a discounted rate of return. Foreign investors and the Central