Dollar 

                                                    The dollar is today an International Currency because 54% of world billing is done in Dollars. i.e. Payment of  Copper, Aluminum, Zinc, Steel Nikal, and fuel like Crude oil and Natural gas. Besides that, international institutions like the IMF, WORLD BANK, and UNO are also dominated by the USA, which also supports the US Dollar. 

                                  However China is rising and challenging the USA dominiton  over international currency and trying to sponsor its currency' Uaan 'as alternative international currency for payment. America is a still super power militaralily and financially hence it is difficult to challenge dollars domination.

                                   It is obsreved that  American economy is also under strain on account of 36 Trillion debt and part of the repayment is getting due soon.  America has imposed heavy tariff but it can have adverse effects on its economy as well. Japan has invested 1.12 trillion in treasury paper, China has invested 784 billion dollars in treasury bond and including the UK is also invester of dollars 750 billion dollars. Such a big debt also devaluing dollars up to some extent. It is  reported that America has to repay hude amount debt very soon. i.e. Dollar 15 billion in form of intrest including Bond moneyof 132 Billon Dollars. In short it may  effect the International value of Dollar.

                                   Besides that the pressure is on ' Dollar'is due to Group of  Brick Countries and Far East Counteis Group 'Aasian' are also contemplating to use alternative currancy like 'Unaan' in their mutal trade along with China. All this movment has been strongly noted by America and had warned them that they will have to face heavy Tarrif from America  if they do so. 

It is the adverse  International financial conditions are working against the domination of' Dollar' in the world. 

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