Historic plunge of US dollar recorded
Jul 03, 2025 07:04 UTC
Pars Today – The US dollar recorded its worst performance in the first half of 2025 since 1973.
The currency’s steep decline has been attributed to the Trump administration’s turbulent economic and trade policies, including tariff wars, the approval of a $3.2 trillion tax package that significantly raised public debt, and the undermining of the Federal Reserve’s independence. These factors have led global investors to reconsider holding the US dollar. /Financial Times
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