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Definition of

dollar area

Currency & Exchange

region using US dollar for trading an area of the world where the US dollar is the main trading currency

Recommended Further Reading (Term count)
  • New Dollar Area: The Makings of the Mess
    by Brian Reading
    They called it “Bretton Woods 2.” A better name would have been the “new dollar area” (NDA), especially when the November 2008 G20 summit to fix the global financial architecture was labeled by the media as Bretton Woods 2. It is an informal, fixed, or semi-fixed exchange rate regime centered on the dollar. Whatever it is called, it did much to cause the world financial crisis. While the two are intimately linked, they are rarely discussed...

Definitions of ’dollar area’ and meaning of ’dollar area’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’dollar area’ and other financial terms with our online QFINANCE Financial Dictionary.

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