The Role of US Dollar as the International Reserve Currency

This paper investigates the performing of the U.S. dollar as the international currency. The theory of money and the Triffin Dilemma concept are applied to assess the functions of the dollar as the international currency. The U.S. poor macro economic performance and the international financial distortion has affected to the functions of U.S. dollar as the international currency. This analysis suggests that the international currency should not function as the national currency and the international currency simultaneously.