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in /news 27 days ago

US dollar sinks to its lowest level in four years | The Guardian

US dollar sinks to its lowest level in four years | Dollar | The Guardian - Featured Image

US dollar sinks to its lowest level in four years | Dollar | The Guardian

www.theguardian.com - favicontheguardian.com
TLDR

The US dollar has fallen to its lowest level in four years, dropping by 1.3% against a basket of currencies after President Trump dismissed concerns over the currency's decline. This marks the fourth day of declines and follows the largest one-day drop since April of last year. Trump's comments have led investors to seek safer assets like gold and the Swiss franc, causing the dollar to touch its lowest level since February 2022.

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