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Which of the following is the world’s reserve currency?

Which of the following is the world’s reserve currency?

  • (A) Pound Sterling
  • (B) U.S. Dollar
  • (C) Euro
  • (D) Chinese Yuan
The U.S. dollar has been the leading currency in the world’s foreign exchange reserves since the Bretton Woods agreement in 1944. Currently, it comprises about 58% of foreign exchange reserves in the world, which is much higher than any other currency in the world. This is because of the size of the American economy, as well as the liquidity of the U.S. financial markets.
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Related MCQs:

 ‘NATO’ is an abbreviation of:

March 18, 2026 No Comments
  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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