Trump's lack of progress has caused a major dollar reversal
Advertisement
Advertisement
Advertisement
Several months after the election, President Donald Trump said that the US dollar was "getting too strong," and attributed the strength to investor confidence in him. The dollar has since slipped considerably, recently hitting its lowest level since January 2015. Business Insider CEO Henry Blodget discusses how a weak currency can actually help boost the exports for multinational companies, and looks at the reasons behind the dollar's decline. Now that the greenback is lower, it perhaps suggests a loss in confidence in Trump's economic agenda.
Advertisement
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market