Learn English: The Falling Dollar: A Shift in Global Finance? (hard)

1 week, 1 day ago

The Falling Dollar: A Shift in Global Finance?

The U.S. dollar's recent decline is significant, marking its worst performance in decades against major global currencies.

This weakening is linked to concerns about the U.S. economy, rising inflation, and the impact of recent governmental policies.

The euro, a potential alternative reserve currency, faces an uphill battle despite the dollar's current vulnerability.

Experts debate whether this marks a temporary fluctuation or a more permanent shift in the global financial landscape.

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Source

Original: NY Times (Business)

Tags

#US Dollar #Euro #Global Finance #Reserve Currency #Inflation

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