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Currency of the United States
The United States dollar is the official currency of the United States (U.S.) and several other countries. The U.S. Coinage Act of 1792 established the dollar as the base unit, with each dollar divided into 100 cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
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Silver (XAG/USD) retreats on Tuesday and trades around $60.75 at the time of writing, down 0.38% on the day.
Gold fell more than 3% Monday while silver dropped close to 5%, extending a retreat that has hit precious-metals miners as well.
The S&P 500 Index AMEX:SPY is down by -0.51% today, the Dow Jones Industrial Average AMEX:DIA is down by -0.66%, and the Nasdaq 100 Index NASDAQ:QQQ is down -0.76%. December E-mini S&P futures (ESZ26) are down -0.52%, and December E-mini Nasdaq futures (NQZ26) are down -0.81%.Stock indexes are tumb…