Znaczenie dolara amerykańskiego jako waluty kluczowej w międzynarodowym systemie walutowym

Abstract

Purpose – The aim is to assess the importance of the US dollar as the key world currency after 2008. Research method – The basic research methods used in the article are the study of world literature and the analysis of statistical data delivered by the European Central Bank, the Bank for International Settlements, the International Monetary Fund and SWIFT. Results – Although there has been discussion for several decades about the likelihood of the US dollar losing its position in the International Monetary System, it still maintains its status as the most important international currency. The dominant political and military position of the United States, the size of the economy and its still key share in world trade, and, above all, the market of instruments denominated in American currency and the dominant share of the dollar in the currency market, confirm the current position of the US dollar. This does not mean, however, that it will retain its current position. Analyzing historical changes in the leadership position among international currencies, one should not expect a revolution. Originality / value / implications / recommendations – The analysis of the importance of the US dollar as the key currency in the IMS, undertaken in the article, shows the importance of the problem and implies the need to carry out further research on this issue.