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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Haim R. Branisteanu who wrote (228290)3/15/2003 3:21:42 PM
From: ild  Read Replies (2) of 436258
 
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The currency of the world's largest economy remains popular outside the United States. The report said that of $620 billion of U.S. currency in circulation in late 2002, between $340 billion and $370 billion -- 55% to 60% -- was circulating outside of the United States.

"Foreigners continue to hold U.S. currency for the same reasons that many once held gold coins outside the countries where they were originally minted -- dollars are a safe store of value when the purchasing power of the domestic currency is uncertain," the report said.
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latimes.com
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