A Strong U.S. Dollar Weighs on the World
Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation. [Source]
Publication Date:Origin: nytimes.com
Category: Currency
Topics: inflation, stubborn, because, rates, interest, stems, strength, whose, dollar, against, weakened, currencies, roughly, Two-thirds, World, Weighs, Dollar, Strong
Source: https://www.nytimes.com/2024/04/29/business/a-strong-us-dollar-weighs-on-the-world.html