Cluster Articles

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What backs the euro: a clear, evergreen explainer

The euro is a fiat currency whose value is ultimately backed by the collective legal authority and economic capacity of the Eurosystem — the European Central Bank (ECB) and th...

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What is the money in El Salvador: a comprehensive explainer

The money in El Salvador is the United States dollar (USD), which is the country’s official legal tender alongside the historical currency. This status has been in place since...

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