Boz, Emine; Casas, Camila; Georgiadis, Georgios; … - 2020
dollars (euros) tend to experience greater US dollar (euro) exchange rate pass-through to their import prices; also, their … euro have been increasingly used for invoicing even as the share of global trade accounted for by the US and the euro area … has declined. Second, the euro is used as a vehicle currency in parts of Africa, and some European countries have seen …