Article 735AD US dollar sinks to its lowest level in four years

US dollar sinks to its lowest level in four years

by
Joanna Partridge
from US news | The Guardian on (#735AD)

Dollar drops against basket of currencies after Donald Trump brushed off concerns over slide

The US dollar has fallen to its lowest level in four years after Donald Trump brushed off concerns over the currency's fall, sending investors fleeing to traditional havens including gold and the Swiss franc.

The dollar dropped by 1.3% against a basket of currencies after the president's comments on Tuesday, marking its fourth day of declines, then slipped by a further 0.2% on Wednesday morning.

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