The website uses cookies to optimize your user experience. Using this website grants us the permission to collect certain information essential to the provision of our services to you, but you may change the cookie settings within your browser any time you wish. Learn more
I agree
Summary | 6 Annotations
The value of the dollar has fallen steadily since the beginning of 2017, erasing a sharp rise immediately after President Trump’s election.
2017/07/21 03:26
The exchange rate is a price — the price of money.
2017/07/21 03:27
The winners are American companies that sell goods and services to foreigners
2017/07/21 03:28
It is important to put the recent decline into a broader context. Over the last six years, the dollar is still up about 28 percent.
2017/07/21 03:29
The value of the dollar, relative to other currencies, is supposed to reflect the strength of the American economy, relative to other countries.
2017/07/21 03:30
Recent administrations have focused instead on pressing other nations to stay out of the market.
2017/07/21 03:31