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The euro is a major global reserve currency, the second most widely held international reserve currency after the U.S. dollar. [59] Inheriting this status from the German mark , its share of international reserves has risen from 23.65% in 2002 to a peak of 27.66% in 2009 before declining due to the European debt crisis , with Russia and Eastern ...
The first currency (XXX) is the base currency that is quoted relative to the second currency (YYY), called the counter currency (or quote currency). For instance, the quotation EURUSD (EUR/USD) 1.5465 is the price of the Euro expressed in US dollars, meaning 1 euro = 1.5465 dollars.
List by UBS and Credit Suisse published in 2023 pertaining to total wealth of countries in 2022 [2]; Country (or area) Subregion Region Total wealth (USD bn) % of world Wealth to GDP
The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources. Some sources say that Russian and Chinese military spending are actually far higher than the chart due to captive markets and purchasing price parity in those countries. [3][4]
The US dollar is an official currency in Zimbabwe, along with the euro, sterling, the pula, the rand, and several other currencies. A series of Zimbabwean Bond Coins was put into circulation on 18 December 2014 in 1, 5, 10, and 25 cent denominations, and afterwards 50 cent and 1 dollar bonds coins, which are pegged at the same rate as American ...
In 2004 alone, over 2.72 billion Euro (3.47 billion US dollars) were invested by foreign companies. In 2005, economists observed a slowdown to about 1.8 billion euros (2.3 billion US dollars) in FDI which is attributed mainly to the end of the privatization of the major state-owned companies. After joining the EU in 2007, Bulgaria registered a ...
Rank Name Net worth in billion US$ Source of wealth Age; 1: Elon Musk: 251: Tesla, SpaceX: 52 2: Jeff Bezos: 161: Amazon: 59 3: Larry Ellison: 158: Oracle: 79 4 ...
The economy of France is a highly developed social market economy with notable state participation in strategic sectors. [7] It is the world's seventh-largest economy by nominal GDP and the ninth-largest economy by PPP, [8] constituting around 4% of world GDP. [9] Due to a volatile currency exchange rate, France's GDP as measured in dollars ...