Additionally, The Dollar is applied because the standard currency within the commodity market and therefore features a direct influence on commodity prices. Dollarization in the USD Because of its international acceptance, some countries like Panama and Ecuador make use of the USD as an Formal legal tender, a practice https://financefeeds.com/fia-tech-launches-871m-data-service-to-support-withholding-compliance-for-etd-market-participants/