From the 1970s onward, the currency with the highest amount of currency internationalization was the U.S. dollar.
Billions (if not trillions) of U.S. dollar reserves are held in Asian countries (such as Japan or China), which has caused the U.S. dollar to rise in value in recent years. However, there are concerns as to what would happen if some other currency (such as the euro) gained higher rates of currency internationalization. Some believe that the resulting flood of U.S. dollars could dramatically decrease the value of the dollar and take away America's title as the world's strongest economy.
Investment dictionary. Academic. 2012.
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