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As a counter point, the AUD, KRW, and NZD all buy fewer USD today than they did on 2020-01-01. The three currencies have risen from the big drops on 2020-03-18
by quag 6y ago
As a counter point, the AUD, KRW, and NZD all buy fewer USD today than they did on 2020-01-01.
The three currencies have risen from the big drops on 2020-03-18, but are still worth less than earlier in the year.
- chii 6y agoThe currencies have little to do with the wellness of how the gov't handled the crisis. It has more to do with demand, and theres' just a lot of demand for USD, simply because it is considered a reserve currency, and a lot of people would rather hold it than their own native country's currency.