32
US dollar just had its worst start since 1973. What triggered this collapse?
The US dollar has suffered its sharpest six-month decline since 1973, falling 10.8 per cent amid Donald Trump’s sweeping tariffs, surging national debt and waning investor confidence. As central banks reduce their dollar exposure and gold prices soar, concerns grow about America’s fiscal path, Federal Reserve pressure, and the dollar’s role as a global safe-haven currency
US Dollar banknotes are seen in this illustration taken July 17, 2022. Representational Image/Reuters
Discover more from Now World View
Subscribe to get the latest posts sent to your email.