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US dollar gets cheaper again – Causes

21.11.2019,17:28


November 21, Fineko/abc.az. There is a tendency of repeated depreciation of the US dollar.

ABC.AZ reports that experts link that with political relationships between the U.S. and China.

Thus, the adoption of a bill in the U.S., which could negatively affect relationships between Washington and Beijing, further increased the pressure upon the US dollar exchange rate to the leading currencies. For this reason, the euro-dollar rate has now risen up to 1.11. According to forecasts, if this continues in the future, the euro-dollar rate will grow even more.