The US dollar is the world's indispensable currency. The dollar's preeminent status gives the United States enormous … States wields the dollar as a weapon of foreign policy, the more its adversaries will move their international economic … analysis, the book establishes a relationship between US financial sanctions and the rise of "anti-dollar" policies, which are …

comprehensive estimate of foreign investors' U.S. dollar (USD) security holdings and currency hedging practices. We document four … banking sector provides limited dollar hedging on net, underscoring the important role non-banks play in fulfilling the …