Why the World Has to Play by U.S. Rules

The U.S. dollar has maintained a central role in global trade and finance, requiring banks around the world to adhere to U.S. rules and oversight. The euro, which some expected to topple the dollar, has only taken over the market share of the European currencies it replaced.

Updated July 15, 2014

Note — Currencies that made up the euro shown before 1999

Sources: Bank for International Settlements, European Central Bank, International Money Fund

GRAPHIC: ALEX TRIBOU / BLOOMBERG VISUAL DATA