Brief introduction of dollar

Currency name: USD.

Issuer: Federal Reserve Bank of America.

Currency symbol: USD

Secondary currency carry: 1 USD = 100 cent.

Banknote denomination: 1, 2,5,/kloc-0,20,50, 100 Yuan. 500 yuan and 1000 yuan were issued in the past, but they are no longer in circulation. There are 1 point, 5 points, 10 points, 25 points, 50 points and so on.

Starting from 19 13, the United States established a federal reserve system and issued federal reserve bonds. More than 99% of the banknotes in circulation are federal reserve notes.

The right to issue US dollars belongs to the US Treasury, and the competent department is the Treasury. The specific issuance business is handled by the Federal Reserve Bank. The dollar is the basic currency in foreign exchange, the main currency in international payment and foreign exchange transactions, and occupies a very important position in the international foreign exchange market.

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