Business » Finance
Author`s name Alex Naumov

US dollar holds global economy its hostage - Comments

The dollar's depreciation against major currencies, then against all world currencies, imposes a burden on the world economy. It preoccupies the political and economic strategies in the developed world, in emerging nations, and in oil-exporting countries. Expectations by the World Bank, the International Monetary Fund, major central banks, and other economic analysts indicate that the American currency will continue to depreciate, at least until the end of the current year.

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