currency

It needs those dollars if it hopes to defend the currency when there are more sellers than buyers.

Having the world’s reserve currency, however, isn’t the unbreakable shield many assume.

Finance ministers from the 20 countries sharing the single currency had until Friday to submit their candidacies for the job.

The dollar gained slightly Friday against a basket of other currencies, after slipping earlier this week.

—The dollar was little changed, remaining weak against a basket of currencies as trade remains thin due to Thursday’s U.S.