http://www.inquiriesjournal.com/authors/3116/hubert-zimmermann Inquiries Journal provides undergraduate and graduate students around the world a platform for the wide dissemination of academic work over a range of core disciplines. en-us Thu, 14 May 2026 03:47:34 -0400 Thu, 14 May 2026 03:47:34 -0400 http://www.inquiriesjournal.com/articles/1281/rising-euro-falling-dollar-the-dynamic-of-a-global-monetary-shift By Hubert Zimmermann - Yet, it is clear that the Euro plays in a different league from the DM. This is not only due to the size of its market (15 countries with a population of 320 million), but also because the European Union, most of whose members will eventually adopt the Euro, has made no secret of its ambition to become a global actor, not only a regional one as Germany was. The rise of the Euro suggests to participants, whether individuals, firms, or states, that holding Euros might be more profitable than holding Dollars. In fact, according to the latest IMF figures, the share of Dollars in total official reserves... Tue, 15 Apr 2008 12:00 EDT http://www.inquiriesjournal.com/articles/1281/rising-euro-falling-dollar-the-dynamic-of-a-global-monetary-shift