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The Innocent Greenbacks Abroad: U.S. Currency Held Internationally
Abstract: When foreigners hold on to U.S. banknotes, those dollar holdings essentially become an interest-free loan to the U.S. government.
Keywords: United States currency;
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https://www.stlouisfed.org/on-the-economy/2022/oct/innocent-greenbacks-abroad-us-currency-held-internationally
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2022-10-18