SG Talk

Full Version: US Dollar Raises Concerns for Global Economy
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
A stronger dollar could have far-reaching implications for the global economy. 

Many commodities and debt instruments are denominated in dollars, meaning their prices increase in local currency terms when the dollar strengthens. 

This could lead to higher operational costs for businesses, impacting their profitability and potentially affecting trade and investment flows.

https://www.businessformation.io/news/go...al-economy

More expensive for those countries that have USD loans or debts.
That's why smart countries are now dumping the dollar.