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The euro is not doing great, but the dollar is falling as well.
by kergonath 4y ago
The euro is not doing great, but the dollar is falling as well.
- mediaman 4y agoThe dollar is not falling. It has been extremely strong against any standard world currency basket. So strong it hurts exporters.
- eis 4y agoActually the dollar is falling as well (in real purchasing power) due to inflation. It's doing quite a bit better at the moment compared to e.g. Euro. One factor could be the increased interest rates. Why would I keep Euros and get still nothing when I could get at least a little bit on the USD. Also the war in Europe does not help their currency.